The Ministry had earlier given its approval for setting up a dedicated LNG jetty and two storage tanks on the Puthuvype island. About 95 per cent of the work on the two storage tanks has been completed. The project is expected to go on stream by the end of 2012, officials said.
PLL had initially decided to install equipment for a 2.5-MMTPA terminal here and got the necessary approval. Realising the market potential, PLL then decided to double the capacity and carried out necessary studies on the design of the facilities for 5 MMTPA and the request was submitted a few months back. In fact, PLL had adopted a modular approach for the re-gasification facilities, where provisions had been kept to install equipment at a later stage to increase the capacity to 5 MMTPA. Now PLL decided to install equipment for 5 MMTPA re-gasification capacity, along with the present construction, based on the prevailing situation in the energy sector.