Konkan LNG

Konkan LNG Limited was formed through a demerger of the LNG business of Ratnagiri Gas and Power Private Limited (RGPPL), approved by NCLAT in February 2018. It was converted from private to public limited in February 2020 and became a subsidiary of GAIL in March 2020. In July 2026, it became a wholly owned subsidiary of GAIL India Limited.

Konkan LNG Limited originated from the Dabhol Power Company (DPC), which was formed by Enron Development Corporation of USA to set up a power plant in Maharashtra. Construction began in 1992, and the first phase of 740MW was commissioned in May 1999. Operations were abandoned in May 2001 due to Enron bankruptcy and disputes. In 2005, under the direction of Government of India, a Special Purpose Vehicle named Ratnagiri Gas and Power Private Limited (RGPPL) was formed with participation of GAIL, NTPC, MSEB Holding Company, and Indian Financial Institutions to take over DPC assets and revive the project. In February 2018, NCLAT approved a Scheme of Arrangement demerging the LNG business of RGPPL to Konkan LNG Pvt. Ltd. In February 2020, the company converted to public limited and changed its name to Konkan LNG Limited. In March 2020, it became a subsidiary of GAIL and a Government Company. In July 2026, it became a wholly owned subsidiary of GAIL India Limited.

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