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Gujarat Govt gives approval to world’s first CNG terminal at Bhavnagar port

Gujarat Govt gives approval to world's first CNG terminal at Bhavnagar port_50.1

Gujarat Government has given approval to the world’s first CNG terminal at Bhavnagar port, Gujarat. The joint venture of United Kingdom-based Foresight Group and Mumbai-based Padmanabh Mafatlal Group will invest 1,900 crore rupees to set up a CNG terminal at Bhavnagar port. For this, a Memorandum of Understanding between Gujarat Maritime Board and London-based Foresight Group was signed during the Vibrant Gujarat Summit earlier this year.

Static/Current Takeaways Important For IBPS SO 2019:

  • Gujarat CM: Vijay Rupani; Governor: Acharya Dev Vrat; Capital: Gandhinagar.

Source: The News on AIR

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