Union shipping ministry has reportedly sent a proposal to set up a Rs 4,320-crore integrated liquefied natural gas (LNG) terminal at Ennore, near Chennai to the cabinet for approval. It may be learnt that the project was approved by the shipping ministry recently. Indian Oil Corporation, which plans to construct the terminal, would receive a letter of award from the Ennore Port once the cabinet clears the proposal. Tamil Nadu
Tag: Ennore
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Experts call for promoting coastal shipping
Experts suggest government to promote coastal shipping in the country as it is an energy efficient and comparatively cheaper mode of transport
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Ennore LPG terminal by March
Indian Oil Petronas’ (IPPL) LPG terminal project in Ennore, about 30 km from Chennai, will be completed in all respects by the first week of March and ready, mechanically, to receive the first consignment.Apart from bridging the imbalance in LPG demand-supply in Tamil Nadu.
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Japan promises aid for infra development
India and Japan have decided to enhance the earlier bilateral currency swap arranÂgement to $15 billion from the current $3 billion. A joint staÂtement, issued after official level talks between the Prime Minister, Dr Manmohan Singh, and his Japanese counterpart Yoshihiko Noda expressed the hope that this enhancement will further strengthen financial cooperation.
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