Inox India Ltd, a provider of cryogenic technology, on Monday, 11 November, announced that it had won its biggest order to date from Island Power Producers Ltd. (IPP) for the design, engineering, and supply of a mini-liquefied natural gas (LNG) terminal for a power plant project in The Bahamas.

The purchase includes a regasification system and ten 1,500 cubic meters of vacuum-insulated cryogenic storage tanks from INOXCVA.

According to INOX India’s regulatory filing to the stock exchanges, the project, which is situated on Arawak Cay close to Nassau Cruise Port, is intended to support IPP’s 60 megawatts (MW) combined-cycle power plant, which would provide cruise ships with sustainable shore power. There has been no disclosure of the project’s financial specifics.

A model solution for energy generation and LNG distribution in distant areas, the facility will be the largest installation of shop-built, double-walled vacuum-insulated cryogenic tanks worldwide, with a total LNG storage capacity of 15,000 cubic meters.

Siddharth Jain, Promoter and Non-Executive Director of INOX India Ltd said, “Our modular, high-capacity design will enable minimal site activity and faster project implementation, with all major components manufactured at our Kandla facility, promoting India’s ‘Make in India’ initiative.”

After the recent construction of another Mini LNG terminal in Antigua, this is INOXCVA’s third and the first of its kind in the Caribbean. By supporting LNG distribution through smaller ships and ISO containers, the terminal’s modular architecture expands access to LNG for a range of energy requirements across The Bahamas.

Chris Satterfield, Director of IPP, said, “With INOXCVA’s experience and our commitment to secure, sustainable LNG-based power supply, this terminal will serve as a cost-effective, low-carbon hub for the region.”

This deal highlights the increasing need for LNG-based energy solutions in remote and island regions worldwide, and it is the largest project to date for INOXCVA’s LNG division, the firm said.

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