Singapore, 27 October 2012

Shapoorji Pallonji Co Ltd plans to set up an integrated deepwater port, LNG import terminal and a 2,000 MW power plant at the coastal area of Gujarat. The LNG plant would be a joint venture with Hindustan Petroleum. This was stated by company’s head of finance, Jimmy Parakh at launching of the group’s first Floating Production Storage and Offloading (FPSO) vessel in Singapore.