India, Oct. 23 -- The New Delhi-based LNG importer, better known for its Dahej and Kochi terminals, has agreed terms with a renewable energy firm to enter a different part of the gas business. The plan spans several Indian states and arrives at a time when its core import volumes remain under heavy pressure. The Nifty 50 traded at 22,523, down 0.68%, while the Sensex fell 0.36% to 72,995 on Friday. Following this the Shares of Petronet LNG Ltd are trading at Rs. 285.75, down 1.57 percent on Friday. The stock touched the intraday high of Rs. 292.00 after opening at Rs. 290.40 before slipping to a low of Rs. 279.35. The company commands a market capitalization of Rs. 42,855 crore.

Petronet Signs Binding Term Sheet for Bio-Gas Joint Ventur...