Hindustan Petroleum step for commissioning cargo for Chhara terminal

Chhara, with 5 mtpa nameplate capacity and situated in western India, is HPCL’s sixth terminal – developed to source long-term gas supply for adjacent power stations.

Hindustan Petroleum step for commissioning cargo for Chhara terminal
Hindustan Petroleum step for commissioning cargo for Chhara terminal

The Oil refining PSU Hindustan Petroleum’s shares piece is soon going to get a boost as it is in discussions with several counterparties to secure an LNG cargo to commission its new Chhara terminal in Rajasthan in December, or early January.

Chhara, with 5 mtpa nameplate capacity and situated in western India, is HPCL’s sixth terminal – developed to source long-term gas supply for adjacent power stations.

The shares of the company are trading over 1.1% as of now with new renewals holding the pace amid several oscillations of up and downs.

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