Coast Concessions Private Limited, a wholly owned subsidiary of H-Energy is developing an FSU based LNG re-gasification project in Kakinada, Andhra Pradesh on the Eastern Coast of India. The terminal will serve as a major LNG hub in a “Hub and Spoke” LNG supply model. The project will serve as a hub for supply of LNG to other LNG projects including H-Energy’s Kukrahati Terminal in West Bengal and other demand centres in the neighbouring countries. The LNG Terminal will host an FSU of approximately 170,000-210,000 m3 capacity, with an onshore vaporiser of 4 MMTPA capacity to supply re-gasified LNG to customers in Andhra Pradesh through Natural Gas pipelines. The project will also have the Truck Loading Facility to supply LNG by tankers to customers in Eastern & Southern parts of India. The project is expected to be commissioned by Mid-2024.