The Krishna-Godavari port terminal has secured in-principle nod for setting up of a Rs 5,000-cr floating LNG terminal with a capacity of 7.2 MMTPA in two phases in the offshore of Kakinada Deep Water Port, Kakinada, Andhra Pradesh, said shipping ministry sources, adding that the State Energy, Infrastructure and Investment Department, has issued orders to facilitate the setting up of the $750-million project, with phase-I entailing an outlay of $550 million (Rs. 3,685cr) and phase II $200 million (Rs. 1,350cr). In this connection, the Director of Ports had entered into a MoU with Krishna-Godavari LNG Terminal, recently, and the Ministry of Environment and Forests had issued terms of reference on February 2016 and revalidated it in July 2016 till December 1, 2016. Kakinada Sea Ports Ltd. shall obtain permission for the setting up of Floating Storage Re-gasification Unit (FSRU) Project in open sea from the Navigational Safety in Ports Committee (NSPC) under the Ministry of Shipping, Mumbai.
📅Published on:
04 August 2016
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
Allcargo Logistics Limited has announced its initiative to enable FMCG companies to navigate increasingly fragmented inventory flows through integrated,
GHV Infra Projects Limited has secured a road construction and civil works contract worth Rs 815 crore from APCO Infratech Private Limited in Maharashtra.
JCB India announced the inauguration of a new facility of its dealer, Caculo Earthmovers in Karaswada, North Goa, further strengthening its presence in the
The Godhra–Vadodara section of the Delhi–Mumbai Expressway has been completed and opened for traffic on a trial basis from April 13, 2026, according to the
The Rajasthan State Industrial Development and Investment Corporation will invest Rs 1,200 crore to upgrade infrastructure across more than 450 industrial
Dubai has completed its first air taxi station near Dubai International Airport, marking a major step toward launching electric air mobility services later
Informa Markets in India is gearing up to host the 23rd edition of Roof India, Asia’s premier exhibition for roofing and allied products, from 23–25 April 2026
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
