9DECEMBER 2025CYIENT SEMICONDUCTORS JOINS RS 4,500 CR SCL MODERNIZATION PROJECTPETRONET LNG JOINS ONGC FOR 15-YEAR ETHANE IMPORT PROJECT AT DAHEJCyient Semiconductors has been shortlisted on a key project to provide and qualify IPs of technology, such as design enablement, in the modernization project of 4,500 crores at the Semiconductor Laboratory (SCL), Mohali.This enhancement is in line with the achievements of the Government of India under the India Semiconductor Mission (ISM) to grow local semiconductor fabrication, lessen import reliance, and make the capacity of fabrication available to start-ups, academia and strategic industries.Petronet LNG gained fresh momentum today after the company confirmed a long-term pact with ONGC to build and run ethane import and handling infrastructure at Dahej.The two sides have signed a 15-year binding term sheet, setting the stage for ethane unloading, storage, and handling services beginning between October and December 2028.Under this agreement, ONGC will reserve about 600 KTPA at Petronet's upcoming ethane facilities. The project Cyient Semiconductors will play a critical role in updating the process technology platforms that will support the upgraded 8-inch fab. "Under this mandate, Cyient Semiconductors will supply and qualify three foundational process technologies--RF-CMOS, BCD (HV LDMOS), and CMOS Image Sensor (CIS) for SCL's enhanced 8-inch manufacturing line," the company said.These technologies are widely used across industrial, automotive, energy, sensing, and connectivity applications, making them essential for strengthening India's mature-node semiconductor capability. By enabling these process technologies, Cyient Semiconductors is contributing directly to the ISM's goal of building a robust domestic semiconductor ecosystem.Industry observers observe that the SCL modernization is one of the milestones in the quest by India to attain self-reliance in the manufacturing of semiconductors. As startups and academic institutions have access to advanced fabrication lines, the decision is likely to speed up innovation and semiconductor adoption in critical sectors.This project strengthens the role of India in the world semiconductor market, as well as tries to close strategic and technological gaps. Having Cyient Semiconductors' pacesetting in the technology enablement of processes, the enhanced SCL will become a center of high-tech production, research, and in-country semiconductor development. includes a 1.7-lakh cubic meter storage tank and a new multi-cargo jetty designed to handle ethane, propane, and LNG.Over the contract's duration, Petronet expects to generate nearly Rs 5,000 crore in gross revenue, marking a strong push to widen its footprint beyond LNG and support India's fast-growing petrochemical space.ONGC plans to import ethane using Very Large Ethane Carriers to feed the needs of its subsidiary, ONGC Petro Additions (OPaL), which operates a major ethylene cracker complex at Dahej. The agreement secures long-term capacity for ONGC's ethane requirements and strengthens integration within India's petrochemical value chain. The term sheet was signed in New Delhi in the presence of ONGC CMD Arun Kumar Singh and Petronet LNG MD & CEO Akshay Kumar Singh. Both companies noted the deal was finalized on an arm's-length basis despite ONGC's promoter role.Petronet LNG, promoted by GAIL, ONGC, IOCL, and BPCL, manages nearly two-thirds of India's LNG imports and runs 43% of its regasification capacity. With terminals in Dahej and Kochi totaling 22.5 MMTPA, the firm is expanding Da-hej to the same level while developing a new 5 MMTPA ter-minal at Gopalpur. It is also building a PDH-PP complex and ethane-propane infrastructure, further cementing its posi-tion in India's natural gas and petrochemical industry.
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