Kochi: Petronet LNG will be setting up 1068
MW capacity power plant at nearby Puthuvypu at an estimated
cost of Rs 3,250 crore, a top official said.
The company had held discussions with Cochin Port Trust
and state government with regard to its requirement of an
additional 40 hectares of land for the project and in
principle approval for land transfer has been received from
them, Petronet LNG Managing Director P Dasgupta told reporters
here.
The KINFRA (Kerala Infrastructure Development authority)
has 22.8 hectares of land in the area and Industry Minister,
Elamaram Kareen has been requested to allot the land for the
power project, he said.
The Rs 3,750 crore LNG re-gasification project at
Puthuvypu, which is expected to be commissioned by 2011, will
have high investment allied projects, totalling Rs 14,500
crore in the state. The projects include power generation and
silicon wafer manufacturing.
A plant for production of silicon wafers, a key component
in the computer manufacturing industry, could also be started,
Dasgupta said.
Petronet LNG will enter into an LNG supply agreement with
Australia based Exxon Mobil in August for supply of 1.5
million tonnes of LNG per annum for 20 years. The LNG project
will benefit Fertilisers and Chemials Travancore (FACT) and
NTPC Kayamkulam, he added.
Bureau Report
First Published: Sunday, July 26, 2009, 17:23