KG-LNG to List on Indian Stock Exchanges? (Business Opportunities - Marketing & Sales)

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KG-LNG to List on Indian Stock Exchanges?


KG-LNG to List on Indian Stock Exchanges?
Company Background and IPO Plans Norway-based Crown LNG recently acquired the Krishna Godavari LNG Terminal (KG-LNG). The company intends to list on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in 2026. Crown LNG aims to raise 20% equity through an IPO, with half of the equity offered to financial institutions and the other half to retail investors. The estimated construction cost for the offshore LNG terminal near Kakinada is around $1.2 billion, with a debt-to-equity ratio of 75:25. The entire debt for the project is being sourced from overseas lenders.
#LNG #Indianpetroplus

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Last Update : Feb 05, 2025 3:22 AM
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Item  Owner  : Indianpetroplus
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2025-02-22 (0.500 sec)