Petronet LNG Limited (PLL) has entered into a Memorandum of Understanding (MoU) with LTL Holdings Limited (LTL) of Sri Lanka on 20th August 2024 at Colombo, Sri Lanka for supply of LNG to LTL's dual fuelled Power Plant(s) in Kerawalapitiya, Colombo.

Both parties, through this MoU, have agreed for development of LNG supply chain from PLL's LNG terminal, Kochi to LTL's Power Plant(s) in Kerawalapitiya, Colombo in a time bound manner. The proposed supply of LNG from PLL's Kochi LNG Terminal would be through LNG ISO tank containers involving multi-modal transport system.

The initial term of LNG supply would be 5 years, which is extendable subject to mutual agreement.