 "Ontario Teachers' Pension Plan bets on PE, infrastructure in India")
Singapore-based Atlantic Gulf and Pacific (AG&P), one of the global leaders in running LNG (liquefied natural gas) and gas logistics and distribution solutions, will invest around $1.5 billion in south India on various projects.
On Thursday, Puducherry chief minister V Narayanaswamy performed the ground-breaking ceremony for the LNG import facility at Karaikal port. The facility is expected to commence commercial operations by the fourth quarter of 2021.
Speaking at the ceremony J M Sigelman, CEO of AG&P said, the $1.5 billion investment will be made over a decade towards the LNG terminal and city gas distribution network.
LNG will be
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