Toyo Engineering Corporation (TOYO, President and CEO Katsumoto Ishibashi) has been awarded a regasification plant project by Petronet LNG Ltd, India. The plant is to be constructed at Dahej, located in the State of Gujarat on the west coast of India, to expand the LNG receiving capacity from 10 million tons to 15 million tons per year. Toyo-India will lead EPC work on a turnkey basis, from engineering to construction and commissioning. The plant is scheduled to be completed at the beginning of 2017.

Construction of Dahej Terminal (original capacity: 5 million tons per year), the first LNG receiving terminal in India, was awarded in 2000 to a consortium consisting of current IHI Corporation, TOYO, ITOCHU Corporation, and Mitsui & Co., Ltd. In 2006, a consortium of IHI and TOYO received an order again to expand the receiving capacity. To meet the growing demand of natural gas for electricity and fertilizer, more than 10 additional LNG import terminals are now planned to be built in India. TOYO will actively develop its business activities in India, striving to receive orders related to these LNG receiving terminal projects.

About TOYO Engineering

Engineering and Construction for Industrial Facilities
- R&D support, design, engineering, procurement, construction, commissioning, technical assistance for industrial facilities : oil, gas, oil & gas development, petrochemicals, chemicals, water treatment, transportation systems, power generation, nuclear power, advanced production systems, pharmaceutical, fine chemical, distribution systems, biotechnology, environment and others
- IT engineering services and system software supply

About Petronet LNG

Petronet LNG is at the forefront of India's all-out national drive to ensure the country's energy security in the years to come.

Formed as a Joint Venture by the Government of India to import LNG and set up LNG terminals in the country, it involves India's leading oil and natural gas industry players. Our promoters are GAIL (India) Limited (GAIL), Oil & Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL). The authorized capital is Rs. 1,200 crore ($240 million).

See the site of Dahej LNG terminel