Cochin signs up for LNG

Kochi: The Cochin Port Trust finally on Thursday signed the concession agreement with Petronet LNG Ltd (PLL) for the construction of LNG terminal and re-gasification plant within the port-based SEZ.
The Rs 4,000-crore project, coming up at 33.40 hectares at Puthuvypeen, is expected to be commissioned by 2012, and is expected to boost the revenues of the port as well as the economy of the region. [13/03/09]