Hazira Port Pvt. Ltd that currently operates a 2.5-million tpa LNG terminal at Hazira in Surat district of Gujarat has planned to develop general cargo terminals with an investment of $400-500 million. The new infrastructure would be in place over the next 3-4 years. The two partners of HPPL-Shell BV (74 per cent) and Total of France (26 per cent)-have already invested $225 million towards infrastructure development. The remaining investment will come from a prospective port developer that will operate the new terminals and share revenue with the Shell-Total combine.
The expansion plan includes construction of two container berths and one for specialty chemicals catering to the Vapi-Ankleshwar-Gujarat industrial and chemical belt. Citibank has been appointed project consultant.
Meanwhile, HPPL has also planned to expand its 2.5-million tpa LNG terminal to 3.75 million tpa. The expansion that will come about through de-bottlenecking of facilities is expected to be ready by December-end. Long-term plans envisage eventual LNG handing capacity of 10 million tpa.
The expansion plan includes construction of two container berths and one for specialty chemicals catering to the Vapi-Ankleshwar-Gujarat industrial and chemical belt. Citibank has been appointed project consultant.
Meanwhile, HPPL has also planned to expand its 2.5-million tpa LNG terminal to 3.75 million tpa. The expansion that will come about through de-bottlenecking of facilities is expected to be ready by December-end. Long-term plans envisage eventual LNG handing capacity of 10 million tpa.