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Captive Oil Jetty by IOCL
To meet the growing demand of POL, LPG products and Lube Oil Base stock (LOBS) in bulk in Tamil Nadu and neighbouring states, IOCL is proposing to build a Captive jetty at KPL and has signed Concession Agreement on 09.06.2016 for construction of captive with a jetty 3 MTPA and Project cost of Rs.480 Crores
The work will be commenced after receipt of environmental clearance and construction period of 36 months.
Development of Marine Liquid Terminal-II
To meet the export/Import demand of oil industry, KPL has initiated actions for development of 2nd Marine Liquid Terminal consists of berth and tankage Terminal by DBFOT mode with a
Capacity 3 MTPA and Project cost - Rs.393 Crores
Bidding process initiated during june 2016 and awarded the terminal on February 2018 to the consortium of BPCL and HPCL for the quoted revenue share of 23%. The consortium is in process of signing of Concession Agreement commencement of construction work is after receipt of environmental clearance from MOEF. Construction period is 36 months.