Wednesday, Mar 17, 2004
Wednesday, Mar 17, 2004 |
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Advts: Classifieds | Employment | Obituary | Kerala
NEW DELHI, MARCH 16 . Petronet LNG Limited (PLL) has threatened to dump a plan to build its second 2.5 million tonne-per-annum import terminal at Kochi if Kerala is unable to make a commitment to help sell 70 per cent of the gas. The PLL has identified Mangalore in neighbouring Karnataka as an alternate location for the project. ``We have told Kerala Government that we will not be able to pursue the project if we don't have customers. We are awaiting their reply,'' a company director said. The PLL had chosen Kochi as the site for its second LNG terminal, the first being Dahej in Gujarat, following plans by Siasin Energy to build a new 1200-megawatt gas-fired power plant there and by the National Thermal Power Corporation (NTPC) to convert its 350 MW plant at Kayamkulam in the State to a 2000 MW facility. The Siasin project has been shelved while the NTPC is threatening to set up its own captive LNG terminal in Kerala. .--PTI
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