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Numaligarh Refinery Limited allocates land to set up Crude Oil Terminal at Paradip Port

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  8 Feb 2020 6:42 AM GMT

GUWAHATI: A significant milestone was achieved on Friday in NRL’s concerted march towards implementing its mega integrated Refinery Expansion project. 200 acres of land was allotted to Numaligarh Refinery Limited (NRL) by Paradip Port Trust(PPT) on long term lease to set up NRL’s Crude Oil terminal in Paradip. This facility will enable NRL to import Crude Oil at Paradip port to meet its requirement post Refinery Expansion from 3 to 9 MMTPA.

An MoM was signed to this effect today in Bhubaneswar between SrCGM (Projects) NRL AP Chakraborty and Dy Secretary PPT K Trirumoolar in presence of Chairman PPT Rinkesh Roy, MD NRL S K Barua, Director ( Technical) NRL B J Phukan, Director ( Finance) NRL I Mittra and senior officials from both the organizations. An amount of Rs. 20 crore was handed over by NRL to PPT as initial deposit for the land. NRL has embarked on a major Refinery Expansion project to treble its capacity from existing 3 MMTPA to 9 MMTPA at a project cost of more than Rs. 22,000 crore, the highest ever investment in the North East of India. Formal approval from Government of India for this project was received in January 2019, stated a press release.

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