Petronet LNG Limited CC-Mar24.pdf · 2024-05-23
So, just a clarification on the use or pay, receivables and the provision you are making. So, whatever you meant so far, you adjusted for the Rs. 610 Crores out of the receivables. It’s about 25%, on the Rs.1200 crores of receivable. So, on the balance which you have not provided for, can we assume that you have high confidence of either adjusting it through the bank guarantee or is it made up by the customer s if you have additional volumes in future, is that a fair understanding?
Yes, so that’s on the UOP provision. The second thing is, if you are looking at the question on competition, you are planning this Gopalpur Terminal and Dhamra Terminal is already up and running, and there has been some capacity booking, so in terms of your own assessment once Dhamra is fully booked. How do you see the time to ramp up your Gopalpur Terminal whether it’s FSRU or the land base, what is your sense in terms of the future demand outlook, and what’s the kind of confidence you have in terms of going ahead with that even that Dhamra is fairly close?