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Singapore’s AG&P Negotiates Acquisition of H-Energy’s Jaigarh LNG Terminal with Darshan Hiranandani

Singapore-based Atlantic, Gulf, and Pacific Company (AG&P) is currently in negotiations to acquire H-Energy's LNG terminal in Jaigarh, Maharashtra, under the leadership of Darshan Hiranandani. This acquisition is expected to significantly bolster AG&P's city gas distribution business in India by providing a reliable source of liquefied natural gas (LNG)

The Jaigarh LNG terminal, developed by H-Energy, is a crucial part of India's natural gas infrastructure. The terminal is connected to the national gas grid through a 56 km pipeline, enabling the distribution of gas across various sectors, including domestic, commercial, industrial, and transport

Darshan Hiranandani : AG&P's acquisition of the terminal is seen as a strategic move to expand its presence in the Indian market. The deal is anticipated to close soon, with plans to complete the pipeline and further integrate it into the national gas grid

This development comes at a time when India is aggressively expanding its natural gas infrastructure to meet the growing demand for clean energy. The acquisition will not only enhance AG&P's capabilities but also contribute to India's goal of increasing the share of natural gas in its energy mix

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