Petronet announced in a stock exchange filing that it has appointed Mitra as finance director and CFO for a five-year term, starting on April 18.
Mitra replaces Vinod Kumar Mishra, whose tenure has expired.
In February 2023, Petronet extended Mishra’s tenure as CFO for two more years.
Mishra assumed the role of Petronet’s finance chief in April 2018.
Petronet currently operates the 17.5 mtpa Dahej LNG terminal and the 5 mtpa Kochi LNG terminal.
The company expects to launch an additional 5 mtpa capacity at its Dahej LNG terminal in western Gujarat state by June this year.
Last year, Petronet launched two new Dahej LNG storage tanks, T-107 and T-108, each with a capacity of 180,000 cbm.
These two tanks add to six existing storage tanks at the Dahej terminal with a total capacity of 932,000 cbm, while Petonet is also building a third jetty at the facility.
In addition to these two LNG terminals, Petronet is also working on its first LNG terminal on India’s east coast.
Petronet recently signed a memorandum of understanding with the government of Odisha for the development of a 5 mtpa land-based LNG terminal at Gopalpur in Ganjam District of Odisha.
The LNG importer previously planned to install a floating storage and regasification unit (FSRU) in Gopalpur, Odisha.
