Adani Ports & SEZ and TotalEnergies have jointly invested Rs 1,900 crore in the terminal project so far and the Adani firm started investing in the project from 2016 onwards
Adani Group and French company TotalEnergies' newly built Rs 6,000 crore facility to import LNG at Dhamra on the Odisha coast will start commercial operations at the end of May, the French firm said on Monday. The 5 million tonne a year capacity terminal received its first ever shipment of liquefied natural gas - a fuel that will be used to make steel, produce fertilizers and turned into CNG and cooking gas - on April 1. Qatari ship 'Milaha Ras Laffan' docked at Dhamra port on April 1 morning, bringing in 2.6 trillion British thermal units of natural gas in its frozen form (LNG) which will be used to commission the facility. "This delivery enables the gradual commissioning of the terminal, which is expected to start commercial operations at the end of May 2023," TotalEnergies said in a press statement. Karan Adani, CEO of Adani Ports and Special Economic Zone (APSEZ) - the firm that operates the Dhamra port and has leased the LNG jetty to Adani Total Private Ltd - had previously ..
India's LNG imports fell for the second straight year in 2022, mainly due to fewer imports by utilities as the country ramped up coal-fired power production at the expense of natural gas
The spirit was matched by industrialists - the who's who of India Inc who were present on Thursday, the first day of the investment conclave
The two firms have, however, hired capacity in Adani's under-construction LNG import terminal at Dhamra.
Revised master plan envisaged port capacity at 315 MT with 35 berths
People barged into the port premises and torched the main gate and ransacked the office
Dhamra Port Company Ltd (DPCL), a fully owned subsidiary of Adani Ports & Special Economic Zone (APSEZ), is gearing up to start container business operations in the next two to three months."We intend to start container operations at the port in the next two to three months. Initially, the container operations will take off in a small way. The larger plan is to build a full-fledged container terminal", said a source at DPCL.Dhamra port's move to start container operations will see it competing with the two major ports on the eastern coast- Kolkata and Paradip. The Paradip port lacks facilities for container operations yet but is actively pursuing its plans to set up a container terminal estimated to cost about Rs 500 crore. A container berth is expected to be commissioned shortly Apart from containers, it would also handle clean cargo like break bulk steel and fertilisers.PPT has already inked a concession agreement in March last year with Paradip International Cargo Terminal ..
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