Tuesday, 17 April 2018

Adani Ports And Special Economic Zone Share Price Gained Nearly A Percent

Adani Ports and Special Economic Zone share price gained nearly a percent after it signed a long term agreement with Indian Oil Corporation to provide liquefied natural gas regasification services on a use or pay basis to the state-run refiner, at its upcoming LNG import terminal at Dhamra in Odisha.

As per the contract, IOC has booked 3 million tonnes per annum regasification capacity spread over 20 years. IOC plans to supply the gas to its refineries in Paradip in Odisha and Haldia in West Bengal.

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