The Company plans to set up an LNG Receiving and Regasification Terminal at Kochi (Kerala) for 2.5 MMTPA nominal capacity which is equivalent to 10 MMSCMD of natural gas with provision of expansion up to 5 MMTPA. The Government of Kerala have shown keenness to have equity in the Kochi Terminal. Kochi Port Trust has allocated 40 Ha. of land at Puthu Vypeen Island for the development of LNG Terminal which includes construction of Jetty and Breakwater.

Storage and Regasification facilities will include unloading arms, two tanks of 110,000 cu.m capacity each, vaporization system and utilities and off-site facilities. The estimated cost of the project is Rs. 2,000 crores.

The Company has identified consumers in and around Kochi for utilization of regasified LNG. All the pre-project activities including various on-shore and off-shore surveys / investigations, preparation of Detailed Feasibility Report and Basic Engineering Package, Mathematical and Physical Modeling Studies, Terrestrial and Marine Environment Impact Assessment Studies have been completed.

The Company has received Environment Clearance from the Ministry of Environment & Forest, New Delhi.