State-owned Indian Oil Corp (IOC) has said that it is yet to commence work on a Rs 5,150 crore liquefied natural gas (LNG) import terminal at Ennore in Tamil Nadu.
A Rs 3,500-crore LNG Floating Storage and Re-gasification Unit (FSRU), related port infrastructure and a power plant are to be established in the southern coast of Tamil Nadu. According to sources, Eurostar Kirtilals will soon enter into an agreement with Tamil Nadu Industrial Development Corporation (Tidco) for a joint venture to set up the project in Nagapattinam.
State Chief Minister J Jayalalithaa informed the assembly that the Tamil Nadu Industrial Development Corporation (Tidco) would implement Rs 3,500-crore worth projects across port, power and natural gas sectors. The project includes a deep water port, floating storage re-gasification unit and a 500 mw gas-based power plant in the southern district of