West Bengal: Indian Oil Petronas gets green nod for LPG terminal expansion

Indian Oil Petronas Pvt Ltd (IPPL) has proposed to expand its LPG terminal at Haldia, West Bengal, from 31,500 tonnes to 36,900 tonnes.

By: PTI | New Delhi | Published:September 9, 2016 4:51 pm
India State oil duty, India oil Business, India oil imports, India oil excise, India business news, latest news, India news IPPL is a 50:50 joint venture between state-owned Indian Oil Corporation and Malaysia’s Petronas.

Indian Oil Petronas has received environment clearance for expansion of its LPG import/export terminal at Haldia at a cost of Rs 75 crore.

Indian Oil Petronas Pvt Ltd (IPPL) has proposed to expand its LPG terminal at Haldia, West Bengal, from 31,500 tonnes to 36,900 tonnes. The proposed expansion is expected to improve supply of LPG in the state.

“Based on the recommendations of the Expert Appraisal Committee (EAC), the Environment Ministry has given the environment clearance to IPPL’s LPG terminal expansion project at Haldia,” a senior government official said.

The clearance given to the project is subject to certain conditions, the officials added.

Among conditions specified, IPPL has been asked to keep adequate buffer zone around the storage tanks and construct garland drain all around the project site to prevent runoff of any oil containing waste into the nearby water bodies.

The total project cost for the proposed expansion is around Rs 75 crores.

IPPL is a 50:50 joint venture between state-owned Indian Oil Corporation and Malaysia’s Petronas. IPPL has another LPG terminal at Ennore, Tamil Nadu.