PETRONET LNG: Petrochemicals Complex (diversification effort undertaken)

 

  • PETRONET LNG: Petrochemicals Complex (diversification effort undertaken)

  • Petrochemicals Complex at Dahej As a part of major diversification effort undertaken by company
  • Petrochemicals Complex at Dahej, comprising of Propane Dehydrogenation Unit (PDH) of capacity 750 KTA and a Poly propylene unit (PP) of capacity 500 KTA along with ethane and propane storage and handling facilities has been approved by the Board at a cost of Rs 20,685 crore, on 30th October 2023. 
  • The foundation stone for the Petrochemicals Complex was laid by Honorable Prime Minister on 12th March 2024. The project is being executed in a fast-track mode. 
  • Various statutory clearances including environment and CRZ clearances have already been obtained. 
  • Licensors PLL signed MOU with M/s Deepak Phenolics Limited for long term sale and purchase of 250 KTA of Propylene and 11 KTA of Hydrogen from PLL’s upcoming Petrochemical complex at Dahej for both the units namely PDH and PP have also been appointed and the engineering activities for the project are being undertaken in expeditious manner. 
  • The Project Management Consultant has also been engaged. 
  • Area grading of entire 50 hectare plot including construction of boundary wall has been completed and the site is ready for further construction activities. 
  • Company executed a binding term-sheet with Deepak Phenolics Limited (DPL), a wholly owned subsidiary of Deepak Nitrite Limited for the supply of propylene and hydrogen on 20th December 2023. 
  • As per the agreement, DPL shall purchase 250 KTA of propylene and 11 KTA of hydrogen from the said project on longterm basis  
  • Petronet LNG   :  additional investment for setting up of land-based R-LNG Terminal of 5 MMTPA capacity at Gopalpur Port, Ganjam, Odisha from earlier approval of 4 MMTPA FSRU based LNG terminal
  • i) Existing Capacity: Not applicable as this is Company’s first greenfield LNG terminal at East coast of India at Gopalpur Port, Distt. Ganjam, Odisha. 
  • ii) Existing Capacity utilization: Not applicable in view of point 
  • (i) above. 
  • iii) Proposed Capacity addition: 5 MMTPA*. 
  • iv) Period within which the proposed capacity to be added: Approx. 3 (three) years. 
  • v) Overall Investment required: Approx. Rs. 6,354.80 crores (including taxes and duties).
  •  vi) Mode of Financing: Debt and Equity. 
  • vii) Rationale: Company’s first greenfield LNG terminal at East coast of India at Gopalpur Port, Distt. Ganjam, Odisha. *from earlier approval of 4 MMTPA Floating Storage and Regasification Unit (FSRU) based LNG terminal to 5 MMTPA land-based LNG Terminal at Gopalpur Odisha

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