IndianOil LNG Private Limited
IndianOil LNG Private Limited, a Joint Venture company of IndianOil Corporation Limited, was incorporated on 29.05.2016 under Companies Act, 2013 with 2 FIs, namely IDFC Alternatives Limited and ICICI Bank for implementation of Ennore LNG Import, Storage and Re-gasification Terminal Project of 5 MMTPA capacity with provision to extension up to 10 MMTPA with an estimated cost of 5K Crores inside Kamarajar Port, Chennai.
At present, IndianOil Corporation Limited, IDFC Alternatives Limited and ICICI Banks are holding equity shares of 50%, 40% and 10% respectively.
"Key energy provider for the nation with continuous improvement of business and operating performance in order to maximize shareholder value and customer satisfaction with sound environmental practices, sustainable development and corporate governance"
- To create and manage world class LNG infrastructure
- To import, Store LNG and deliver RLNG safely, reliably and profitably
- To develop our business and employees to their full potentials
- Maintain highest standards of business ethics and values