Petronet LNG's reported consolidated PAT of Rs 10.94 billion includes the positive impact of impairment reversal.(Photo Source: Petronet LNG website)
As per a recent notification, PNGRB approval is required for new and expansion projects in LNG import terminals. The silver lining here is that the regulator has not proposed third party access to LNG regas terminal capacities or regulations on regas tariff. Petronet LNG does not expect this to hamper its future growth.