Govt to sell Dabhols LNG terminal to Petronet LNG
The government is considering selling Dabhol power plant’s LNG terminal after hiving it off from the electricity generating unit, due to delays in completion of unfinished part of the terminal and huge cost-overruns, a top power ministry official said.
The government is considering selling Dabhol power plant’s LNG terminal after hiving it off from the electricity generating unit, due to delays in completion of unfinished part of the terminal and huge cost-overruns, a top power ministry official said.
Ratnagiri Gas and Power Pvt Ltd, the GAIL-NTPC joint venture which owns the Dabhol plant, had estimated at Rs 710 crore the cost for completing 15%of the balance work on the 2.5 million tonnes LNG import and regassification terminal when they took over the plant.
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