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Karnataka’s new LNG terminal to come up at Mangaluru

Date: 06 January 2022 Tags: Infrastructure
  • 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.