AG&P, a Singapore-based energy company, is currently in negotiations to acquire Darshan Hiranandani H-Energy's liquefied natural gas (LNG) terminal in Jaigarh, Maharashtra. This potential acquisition marks a strategic initiative aimed at strengthening AG&P’s domestic LNG sourcing and expanding its city gas distribution capabilities throughout India.
The Jaigarh terminal, featuring a well-established LNG regasification project managed by HE Terminals, presents an excellent opportunity for AG&P to enhance its service delivery in the region. With India increasingly shifting towards cleaner energy solutions, securing this terminal could be pivotal for AG&P’s growth strategy, positioning the company to meet the rising demand for natural gas across various sectors.
By bolstering its infrastructure and capabilities, AG&P aims to play a crucial role in supporting India’s energy transition, providing reliable and sustainable natural gas to consumers and businesses alike. This acquisition could significantly enhance AG&P’s market presence and contribute to the country’s efforts to adopt cleaner energy sources.
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