Kolkata: The Syama Prasad Mookerjee Port Kolkata plans a floating liquefied natural gas (LNG) terminal at Haldia Dock Complex.
Accordingly, it has awarded a 30-year land and waterfront licence to a consortium of Invenire Petrodyne Limited and Excelerate Global Operations LLC.
About 10 acres of land and 15 acres of water area will be allotted for a floating storage regasification unit (FSRU) or floating storage unit.
There will also be a land-based regasification facility of 1.5 million metric tonnes per annum (MMTPA). The project has the provision to expand up to three MMTPA in line with market demand.
The consortium won the licence through competitive bidding with an upfront rent commitment of Rs 24.4 crotr plus royalty on land.
This will be thr first FSRU project among India’s 12 major ports. The first phase is targeted for commissioning in the second half of 2027.
The GAIL gas pipeline to Haldia is expected to be commissioned by March 2026. It may be used to carry the regasified natural gas across India.
The proposed facility is expected to play a key role in meeting the rising demand for natural gas in eastern India.
This demand will be driven by industries, power plants and city gas distributors seeking clean energy solutions.
