Petronet LNG Foundation (PLF) an organisation committed to Sustainable Social Growth, a wholly owned subsidiary of PETRONET LNG LIMITED, was incorporated as a company limited by guarantee on 31st March 2017, in terms of the provisions of Section 8 of the Companies Act, 2013 and Rules made thereafter, to carry out CSR initiatives as per Section 135 of the Companies Act, 2013.
Petronet Limited Ltd., as responsible Corporate has been undertaking Socio-Economic Development Projects/Programs and also supplementing the efforts of the local institutions/NGOs/local Government/implementing agencies in the field of Education, Healthcare, Community Development, Entrepreneurship etc. to meet priority needs of the marginalized and underserved communities with the aim to help them become self-reliant. These efforts are being undertaken preferably in the local area and areas around our work centers/ project sites. With the promulgation of new Companies Act 2013 and its mandatory provision under Section 135, this document is the revised CSR Policy of the Company with immediate effect.
Petronet LNG Foundation