Section: Press Release

Mumbai / 2^ndDecember 2020

H-Energy through its wholly owned subsidiary Western Concessions Private Limited (“H-Energy”), is pleased to announce that it has entered into a binding commitment with Höegh LNG Holdings Ltd. for the supply of its Floating Storage and regasification Unit (“FSRU”) Höegh Giant under a 10-year agreement, for deployment at its LNG regasification terminal project located at Jaigarh Port in Ratnagiri district of Maharashtra, India.

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Hyderabad, 9 September 2019. H-Energy through its wholly owned subsidiary East Coast Concessions Private Ltd (“ECPL”) and Kakinada Seaports Limited (“KSPL”), signed a Port Service Agreement (PSA) on 6th September, 2019, at Hyderabad. KSPL has the concession for Kakinada Deep Water Port from Government of Andhra Pradesh. Under the PSA, H-Energy will develop an LNG regasification and reloading terminal at Kakinada port.

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Vladivostok / Mumbai, 4 September 2019.  Today, during the Eastern Economic Forum in Vladivostok, PAO NOVATEK (“NOVATEK” and/or the “Company”) and H-Energy Global Ltd (“H-Energy”), India, signed a Memorandum of Understanding (MOU).

The MOU envisages cooperation in LNG supplies to India on a long-term basis, joint investment in LNG terminals of H-Energy and LNG projects of NOVATEK, as well as establishing a joint venture to market LNG and natural gas from NOVATEK’s portfolio to end-customers in India, Bangladesh and other markets. (more…)

H-Energy inaugurates India’s first FSRU based LNG Terminal at JSW Jaigarh Port

LNG terminal at Jaigarh Port to enable development of local port-based industries

• • Inauguration of India’s First Floating Storage Re-gasification Unit (FSRU) based LNG Terminal located at Jaigarh Port in Maharashtra
  • LNG terminal to be operational by Q4 2018
  • H-Energy has developed the LNG terminal in accordance with world-class engineering & safety standards

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• H-Energy has signed a joint venture agreement with “K” Line of Japan for their LNG re-gasification project in West Bengal
• The terminal is expected to commence commercial operation by 2020

Kolkata, 16th January 2018:

Achieving a major milestone for their LNG re-gasification project in West Bengal on the East Coast of India, H-Energy Private Limited and Kawasaki Kisen Kaisha, Ltd. (“K” Line) signed an agreement on 12th December 2017 to jointly develop a project to import LNG. (more…)

H-Energy Private Limited and Korea Gas Corporation Limited, SK Shipping, Fairwood Peninsula Energy and Korea Development Bank, have entered into a landmark MOU on November 16th, 2016. (more…)

H-Energy Pvt Ltd participated in three days Asia Pacific Summit organised by CWC World LNG & Gas Series. The three days event, starting from 20th September provided an opportunity to delegates to interact, share business ideas and build networks.

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H-Energy Pvt Ltd, a unit of real estate player Hiranandani Group, has been granted rights by the petroleum regulator to lay a 635 km gas pipeline connecting Jaigarh in Maharashtra to Mangalore.

The pipeline will run from Jaigarh in Ratnagiri district of Maharashtra to Panjim in Goa and onwards to Karwar in Uttara Kannada district and Udupi in Karnataka before terminating at Mangalore.  Jaigarh-Goa-Karwar-Udipi-Mangalore. (more…)

The bid for laying the first natural gas pipeline in Eastern India has been won by H-Energy Private Limited. The bids for Contai – Dattapulia – Jajpur – Dhamra – Cuttack – Paradip natural gas pipeline were opened on 12^th May, 2016 by the pipeline regulatory authority (PNGRB), where H-Energy emerged as the successful bidder amongst the four technically qualified bidders.

As a part of Hiranandani Group initiative, H-Energy employees actively and enthusiastically participated in Swach Bharat Swach Mumbai theme drive organized by BMC on 24^th June 2016. Mr. Surendra Hiranandani, Cofounder and Managing Director of Hiranandani Group along with group employees and BMC workers cleaned the streets of Powai with an objective to support the clean India Movement. By inviting people to participate in the drive, the Swach Bharat has become a national movement. The movement has proved important in bringing the sense of responsibility and awareness towards clean India.