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Petronet LNG To Establish 50,000 MT Land-Based Terminal At Odisha’s Gopalpur Port, Marking First On India’s East Coast
Petronet LNG Ltd (PLL) is set to establish a 50,000 MT land-based LNG terminal at Gopalpur Port in Odisha’s Ganjam district, marking its first such facility on India’s east coast.
This landmark project is part of the ₹ 988.80 billion investment commitments secured by the state during a two-day Investors’ Meet recently held in New Delhi, highlighting Odisha’s focus on strengthening its energy infrastructure.
Initially conceived as a Floating Storage Regasification Unit (FSRU) with a capacity of 4 MMTPA, the project has now evolved into a larger 5 MMTPA land-based terminal, further boosting the country’s LNG regasification capacity. Petronet’s terminal and ancillary industries are expected to play a crucial role in driving this employment boom.
One of the most significant announcements came from Indian Oil Corporation Ltd (IOCL), whose Dual-Feed Naphtha Cracker Project in Paradip (Jahatsinghpur district) alone will attract over ₹ 580.42 billion in investment and create jobs for 24,000 people.
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