Essar Group wins bid for LNG terminal at Haldia port

Essar Ports Ltd in consortium with Ultra LNG and Essar Shipping Ltd has won a bid for setting up one million tonne liquefied natural gas (LNG) terminal at Haldia port in West Bengal.

Earlier this year, Haldia Dock Complex under Kolkata Port Trust had invited bids for setting up of LNG terminal with storage and distribution facilities.

Earlier this year, Haldia Dock Complex invited bids for setting up of LNG terminal with storage and distribution facilities.

The contract is to build and operate the LNG receipt and storage facility for 30 years, a PTI report said, quoting sources privy to the development.

According to an Essar spokesperson, “As a Group, we keep looking at growth opportunities in businesses. But it is not our policy to comment on any specific proposal.”

Image Credit : thehindubusinessline.com

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