Puthuvypu LNG terminal expansion on track

Union Ministry of Environment and Forest (MoEF) has given its final nod to Petronet LNG Ltd's proposal for expanding the capacity of liquefied natural gas (LNG) terminal at Puthuvypu, off Kochi from 2.5 million tonnes to 5 million tonnes.

The project had obtained all other clearances earlier,
on track and planning to commission it towards the end of 2012.

The project is estimated to cost around Rs 4000 crore, and Petronet which is a consortium promoted by state-owned energy firms such as GAIL (India) Limited, ONGC, Indian Oil Corporation and Bharat Petroleum Corporation Limited, is funding it through internal resources and borrowing.

The entire initial design of the project was for 5 million tonnes. Hence, only few additions will be required for expanding the capacity.