New Delhi: State-owned gas utility GAIL India Ltd Thursday announced commissioning of the 5 million tonnes a year LNG (liquefied natural gas) terminal at Dabhol in Maharashtra.
"The terminal has just been commissioned," GAIL Chairman and Managing Director B C Tripathi said via a video conference from Mumbai.
The company plans to expand the terminal to 7.5 million tonnes in two years time and then to 10 million tonnes by 2017.
"Raising capacity by 2.5 million tonnes will cost Rs 1,000 crore, largerly for building a breakwater. For going up to 10 million tonnes, it will take another Rs 2,000 crore," he said.