- The government has signed a memorandum of understanding (MoU) with Singapore-based LNG Alliance Company for setting up the State’s first LNG Terminal in Mangaluru.
- The terminal will be set up in association with New Mangalore Port Trust (NMPT) with an investment of ?2,250 crore.
- The project will come up as part of the Union Government’s plan to boost the alternative fuel market to achieve net zero carbon by 2070.
