THE MINISTER OF POWER ( SHRI P.M. SAYEED )
(a) to (f) : M/s. Petronet LNG Ltd., a Joint Venture Company promoted by four Public
Sector Oil Companies viz. GAIL (India) Ltd. (GAIL), Oil and Natural Gas Corporation Ltd.,
(ONGC), Bharat Petroleum Corporation Ltd., (BPCL) and Indian Oil Corporation Ltd.,
(IOCL) has decided to set up a 2.5 Million Metric Tonne Per Annum (MMTPA) LNG terminal
at Kochi. This has been planned in view of the proposed expansion of Kayamkulam Power
Plant of NTPC.
National Thermal Power Corporation (NTPC) is already operating a combined
cycle power plant of 350 MW at Kayamkulam, using Naphtha as bridge fuel. NTPC has
further planned expansion of this plant by adding 1950 MW capacity (nominal) in Stage-II. The
project is proposed to be developed with LNG as a possible fuel. NTPC with the objective to
make the power available at affordable rates, has initiated International Competitive Bidding
Procedure to source cheapest LNG/Natural Gas. Although bidders are free to choose any port
location for supply of Liquefied Natural Gas (LNG)/Re-gasified Liquefied Natural Gas
(RLNG), however, NTPC in its bid documents has indicated Kochi and Kayamkulam as two
viable port locations (both in the State of Kerala). In response to the process, 16 parties have
already been qualified which besides other include Petronet LNG Ltd., and GAIL (India) Ltd.
Chief Minister, Kerala has written to Minister of Petroleum & Natural Gas for
early commissioning of Kochi LNG Terminal.