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English Release 22-October 2014
Date Month Year
  • President's Secretariat
  • President’s Diwali greetings
  • Vice President's Secretariat
  • Vice President Greets People on Deepawali
  • Prime Minister's Office
  • PM shares the link of his page for Diwali wishes
  • Min of Culture
  • Former Chief Election Commissioner, Shri N Gopalaswami appointed as Chairman of Kalakshetra Foundation Chennai
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 83.73 per bbl on 21.10.2014
  • Min of Skill Development, Entrepreneurship, Youth Affairs and Sports
  • India won 3 Medals at 2nd Asian Para Games 2014 on 21st October, 2014

Previous Date

 
Cabinet Committee on Infrastructure22-November, 2012 20:19 IST
Development of Single Point Mooring and allied facilities off Veera (outside Kandla creek) in Gulf of Kutch at Kandla Port

The Cabinet Committee on Infrastructure today approved the Project for Development of Single Point Mooring (SPM) and allied facilities for the import of crude oil off Veera (outside Kandla creek) in Gulf of Kutch at Kandla Port on Build, Operate and Transfer (BOT) basis for a period of 30 years at an estimated cost of Rs. 621.53 crore.

Kandla Port is strategically placed to function as the gateway to Western and Northern India particularly for import of crude oil. There are several refineries in the North-Western India that require support facilities like SPMs. The expansion of existing refineries in the Northern and Western Regions are expected to create additional demand for SPM facilities for ports on the West Coast. Kandla Port proposes to capture this incremental demand, and this project has been conceived accordingly.

The SPM project will enable the Kandla Port Trust to enhance its capacity by 12 MTPA taking the total cargo handling capacity of the Port to 104 MTPA and this will also augment the energy security of the country.

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SH/SK
(Release ID :89261)

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