India's Petronet LNG plans to set up...
India's Petronet LNG plans to set up a 2.5 million tonne per annum LNG terminal at Kochi. The company has undertaken development work for conducting feasibility studies for establishing a solid cargo port.
Suresh Mathur, CEO and Managing Director of the company, said the implementation of the project would, however, depend on the establishment of feasibility, approvals from authorities concerned and completion of other formalities.
The company is already implementing LNG import and regasification facilities with a capacity to import, store and regasify five million tonnes of LNG per annum at Dahej (Gujarat) at a cost of Rs. 2,576.68 crores.
The company is in discussion with NTPC for supply of natural gas for its existing and proposed power plants at Kawas and Gandhar.