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COVID-19: PLL contributes Rs 100 cr to PM CARES Fund

Petronet LNG Limited (PLL) has contributed Rs 100 crore plus, to the PM CARES Fund and other healthcare measures to fight Coronavirus (COVID-19)

COVID-19: PLL contributes Rs 100 cr to PM CARES Fund
COVID-19: PLL contributes Rs 100 cr to PM CARES Fund

New Delhi: Augmenting efforts of the visionary leadership of Prime Minister Narendra Modi in the fight against Coronavirus (COVID-19) and providing safe and hunger-free India, Petronet LNG Limited (PLL), under the guidance of Petroleum and Natural Gas Minister Dharmendra Pradhan contributed Rs 100 crore to the PM CARE Fund.

PLL being a responsible corporate, PLL's Managing Director & Chief Executive Officer (MD&CEO) Prabhat Singh informed that, while ensuring a seamless supply of LNG to India, stands with the nation and has also contributed Rs 1.53 crore to various Health Institutions for procuring personal protective equipment (PPE) for healthcare workers at Bharuch (Gujarat), Kochi (Kerala) and New Delhi.

PLL through its Petronet LNG Foundation (PLF) fortify efforts of the Ministry of Petroleum & Natural Gas towards making “Swasthya Bharat, Sudhridh Bharat" (Healthy India, Strong India) has earlier contributed Rs 10 crore in the health sector to support the construction of AIIMS Trauma Center, Bhubaneshwar, Orissa.

Petronet LNG Limited (PLL)

Petronet LNG Limited is a public limited company in the Indian energy sector. It has set up the country's first LNG receiving and regasification terminal at Dahej, Gujarat with a present nominal capacity of 17.5 MMTPA and another terminal at Kochi, Kerala having a nominal capacity of 5 MMTPA. The company is also exploring suitable opportunities within and outside of India to expand its business presence. PLL formed as an independent board managed Joint Venture Company (JVC) to import LNG and set up R-LNG terminals in India has a strong lineage of Maharatna promoters viz: Oil & Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL) and GAIL (India) Limited each having equity of 12.5 percent, totalling to 50 percent PSU’s shareholding.

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