NTPC, Petronet LNG plan to cooperates in LNG business
Indian power company NTPC has signed a memorandum of understanding (MoU) with Petronet LNG, India's biggest LNG importer, to explore new business opportunities, including the supply of LNG or regasified LNG to its Kayamkulam plant in Kerala, NTPC announced on September 13.
The Rajiv Gandhi combined cycle power plant, also known as the Kayamkulam Power Plant, is located in Choolatheruvu, in the Alappuzha district of Kerala, India.
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Petronet LNG currently operates two land-based LNG import and regasification terminals on India’s west coast, located in Dahej, Gujarat (with a capacity of 17.5mn tonnes/year), and Kochi, Kerala (with a capacity of 5mn tonnes/year).
The company is building its third terminal in east India. The proposed facility at Gopalpur Port in the state of Odisha will feature a floating storage regasification unit (FSRU) with an initial capacity of around 4mn tonnes/year, expandable to 5mn tonnes/year as a land-based terminal.
Petronet has also recently signed an MoU to supply LNG to Sri Lanka’s LTL Holdings for use in LTL’s dual-fuel power plant in Kerawalapitiya, Colombo.