Spacenet Enterprises forms JV with Modern Fuel Technologies for LNG projects

Hyderabad-based Spacenet Enterprises India Ltd and Russia’s Modern Fuel Technologies will form a joint venture aimed at executing Liquefied Natural Gas (LNG) projects across India with a focus on retail. In this JV, Spacenet will be holding a 15-25 per cent stake which adds value to the company, the company said in a statement. The