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New LNG terminal for India

New LNG terminal for India

Chennai: A Rs.10,000-crore liquefied natural gas terminal will come up at Kattupalli near the Ennore port, on the northern outskirts of Chennai.
To be implemented by the Indian Oil Corporation (IOC) and the Tamil Nadu Industrial Development Corporation (TIDCO), the terminal project has other components - the establishment of a re-gassified facility and a 1,000 megawatt (MW) power project.
The LNG terminal could handle five million tonnes per year and the re-gassified facility's capacity would be 20 million cubic metre per day of natural (vapourised) gas.
The timeframe for implementing the project would be four years from the date of approval by the Board of Directors of the public sector undertaking. The approval was expected by December 2010 or January 2011. [06/08/10]

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