Quarterly Net Profit up 72.90% to Rs. 295.38 crores
&
Turnover up by 74.50% to Rs. 6330.26 crores.
During the quarter ended Dec 31st, 2011, the company has
operated at 115% of its capacity (nameplate capacity of the
Dahej Terminal is 10 MMTPA). Total regasified volume rose to
144.93 TBTUs against 119.70 TBTUs in the corresponding
quarter last year. With the increase in volume, turnover of
the company has risen sharply to Rs. 6330.26 crores, an
increase of over 74.5% over the corresponding quarter last
year. Net Profit of the Company has increased to Rs. 295.38
crores, a substantial increase of over 72.9% from the
corresponding quarter last year. The higher increase in net
profit is on account of additional volumes with better
margins alongside higher operational efficiency.
The construction work at Kochi Terminal is on schedule and is
expected to be commissioned by 2nd quarter of FY 2012-13.
Looking at the huge demand of Natural Gas including LNG in
the country and to take further advantage of economies of
scale, the board of the company decided to increase the
capacity of its Dahej Terminal by additional 5 MMTPA beyond
its present nameplate capacity of 10 MMTPA. This capacity
addition will ensure that the additional Jetty, which is
under construction and is expected to be commissioned by
September 2013 is optimally utilized. Part of this additional
capacity will be made available to its offtakers
and other large consumers on firm basis.
After encouraging preliminary studies, the Board of the
Company has also given its go ahead for carrying out of a
Detailed Feasibility Study for Greenfield Terminal at
Gangavaram Port at the East Coast of India.
distribué par | Ce noodl a été diffusé par Petronet LNG Ltd.. Il a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-27 14:29:28 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |