Indian Oil Corporation (IOC) is looking forward for an early allotment of 125 acres of land to Dhamra Port Company (DPCL) from the Odisha government for establishment of a Liquefied Natural Gas (LNG) terminal within the port premises. Earlier in March 2012, IOC entered into a pact with DPCL for developing a LNG terminal inside the port area at an investment of Rs 10,000 crore.
The company aims to have a total capacity of 15 million tonnes per annum through this terminal, of which five million tonnes will be commissioned in the first phase. Out of this first phase capacity, 60% gas will be consumed by IOC's Paradeep refinery and proposed petrochemicals complex while the balance can be supplied within the state.
Company Name | CMP |
---|---|
Reliance Industries | 2928.65 |
Indian Oil Corp. | 169.10 |
BPCL | 619.15 |
HPCL | 528.35 |
MRPL | 217.20 |
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