H-Energy has entered into a port service agreement (PSA) with Kakinada Seaports (KSPL). The company will develop a liquefied natural gas (LNG) regasification and reloading terminal at Kakinada port in Andhra Pradesh. The company has entered into this agreement through its wholly-owned subsidiary, East Coast Concessions (ECPL). LNG hub will be developed by the company keeping in mind the needs of domestic customers in Andhra Pradesh.