NRL to soon set up its crude oil import terminal at Paradip Port
A tripartite Memorandum of Understanding was entered into by NRL with Paradip Port Trust and Dredging Corporation of India for reclamation of the 200 acres of land allotted to NRL for setting up its Crude Oil import terminal at Paradip Port
Activities for development of Crude Oil Import facility of Assam based Numaligarh Refinery Limited (NRL) have started in Paradip Port, Odisha.
Land filling activity will soon be started by Dredging Corporation of India (DCI) by way of dredging and reclaim.
A tripartite Memorandum of Understanding was entered into by NRL with Paradip Port Trust (PPT) and Dredging Corporation of India (DCI) for reclamation of the 200 acres of land allotted to NRL for setting up its Crude Oil import terminal (COIT) at Paradip Port.
An MoU was signed to this effect at Paradip. According to NRL the terminal is being set up as part of NRL’s integrated Refinery Expansion project that is being implemented at an estimated cost of more than Rs. 22,000 Crore. The mega project envisages amongst others, import of Crude Oil at Paradip port and laying of Cross-Country pipeline from Paradip to Numaligarh to transport the same. Project activities have gathered pace after receipt of Environmental Clearance during July 2020.
NRL stated that DCI shall start the dredging activity from mid-November 2020 and is expected to complete the reclamation work within a period of 7 months.