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Union Petroleum Minister performs ground breaking ceremony of LNG Terminal at Dhamra port

July 9, 2017 Leave a comment

The ground breaking ceremony for the Rs 6,000 crore- LNG import terminal at Dhamra port in Odisha has been performed by Union Petroleum Minister Mr Dharmendra Pradhan.

 

The 5 million tonne per annum capacity LNG terminal will cater to transport gas through a 2,539 km long network of pipeline that would be laid with an investment of Rs 13,000 crore. The proposed multi-state pipeline network would connect 13 districts of Odisha and states like Jharkhand and Uttar Pradesh.

 

The gas infrastructure project is likely to boost economic growth of Odisha.

 

 

 

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JSPL to sign MoU with Orissa Government

January 13, 2012 Leave a comment

Jindal Steel and Power (JSPL) is likely to sign an MoU with the Orissa Government for setting up a coal-to-liquid (CTL) plant inĀ  the state.

The proposed CTL facility will be set up at a cost of Rs 45,000 crore. After signing the MoU, the company will commence the work on the project in 2013. The company has already identified a barren land for the plant which will manufacture 80,000 barrel of liquid petroleum products. Also,it has already been allocated a coal block for the purpose of raw material in the proposed CTL plant.

Energy and Oil City planned at Sonepur

July 28, 2010 Leave a comment

A consortium led by the Greenko Group plans to set up an ‘Energy and Oil City’ at Sonepur in Ganjam district of Orissa at an investment of Rs 15,000 crore.

The proposed city will have a port, a shipbuilding unit, a 1,000 MW gas based power plant, a desalination plant with a capacity of 120 million litres per day, a modern township, and a petrochemical complex. An Energy Academy is also to be set up for generation of technical know-how in the energy and oil sectors and to help create infrastructure for port, power plant, desalination plant and township at a cost of Rs 100 crore.

Sonepur Energy and Oil, a SPV formed by the consortium will execute the project.

L&T bags order for Paradip refinery

April 3, 2010 1 comment

L&T has bagged an order worth Rs 1,400 crore from Indian Oil Corporation (IOC) for a 4.17 million tpa FCC (Fluidised Catalytic Cracker) reactor regenerator project of a grassroots fuel refinery at Paradip in Orissa.

INDMAX technology, indigenously developed by IOC R&D, is deployed for the FCC unit for converting heavy distillate and residue into LPG/light distillate product as the 15 million tpa refinery at Paradip is configured to process heaviest crudes.

The scope of work includes residual and detailed engineering, procurement, supply, manufacture, fabrication, construction, installation, pre-commissioning, commissioning and performance test run. The project is to be executed on lumpsum turnkey basis and is expected to start-up by July 2012.

The order has been bagged by Hydrocarbon Mid and Downstream Business Group of L&T’s Engineering & Construction Division.

IOT to develop crude oil terminal at Paradip

December 31, 2009 3 comments

A consortium of IOT Infrastructure & Energy Services (IOT) and Oiltanking GmbH, Germany, (OT) has bagged an order for development of crude/product tankages facilities at Paradip refinery project in Orissa on BOOT basis by Indian Oil Corporation (IOC). The total project cost is estimated at around Rs 3,000 crore.

IVRCL Infrastructures & Projects is expected to be the JV partner in the SPV called IOT Utkal Energy Services, which has been set up for the implementation of the project.

IOT/OT is to have an equity stake of 62.5 per cent in the SPV and IVRCL through its subsidiary will get 37.5 per cent stake.

The project involves installation, operation and maintenance of nearly 1.4 million tankages for crude oil, petroleum products, LPG and sulphur and associated facilities at Paradip refinery which is expected to go on-stream, during 2012. The concession period is to be 15 years after commissioning.

IOC to develop Paradip Refinery on BOOT basis

December 11, 2009 1 comment

Indian Oil Corporation (IOC) has decided to take up BOOT model for setting up its Paradip refinery in Orissa and has therefore decreased the cost of the Rs 29,777-crore project by around Rs 5,000 crore.

IOC has outsourced work for its nitrogen and hydrogen units, crude and product tankages and water line to different companies.

IOC is setting up a 15-million tonne refinery which is expected to go on-stream by end-2012.

The nitrogen and hydrogen units are being constructed by US based Praxair. The company is to build a hydrogen plant with a capacity of 90 million standard cubic ft a day and a nitrogen plant of 500 tpd capacity.

The crude and product tankages are likely to be constructed by IOT Infrastructure & Energy Services, a JV company of IOC and Oiltanking GmbH. These companies will operate the units for 15 years.

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