Epic Update : GAIL India

GAIL India, state-run gas utility firm has entered into a memorandum of understanding (MoU) with Paradip Port Trust for setting up of an LNG Terminal at Paradip Port at an estimated cost of Rs 3,108 crore. This new project would have an initial capacity of four million tonne per annum (mtpa) in Phase-I, reaching a peak capacity of 4.8 mtpa, with a storage capacity of 170,000 cubic metres. The Phase-I of the project is targeted to be completed by 2017.



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