A consortium led by Toyo Engineering India Ltd. (Toyo India) with Toyo Engineering Corporation Japan (Toyo Japan) as a member, has secured an EPC-LSTK contract from GSPC LNG Ltd. for a 5 Million Metric Tons Per Annum (MMTPA) Liquefied Natural Gas (LNG) Regasification Project at Mundra, Gujarat. Toyo India & Toyo Japan together will undertake Engineering, Procurement, Construction & Commissioning for the project.
The award of this project, in close succession to the award of Petronet LNG Ltd’s LNG Regasification Phase IIIA Project, marks Toyo India’s stronghold and expertise in the LNG business. These two projects have further consolidated Toyo India’s position as front runner EPC contractor in the LNG business in India.
This Greenfield LNG project at Mundra will further work towards meeting the natural gas demand in India. The project is scheduled to be completed in 2016.