The Gujarat government on Sunday gave approval to a Compressed Natural Gas (CNG) terminal at Bhavnagar port with a proposed investment of Rs 1,900 crore, said an official release.
The consortium of company will also develop facilities like Ro-Ro terminal, liquid cargo terminal and container terminal at Bhavnagar port. The consortium will invest Rs 1,300 crore in the first phase and Rs 600 crore in second phase. The proposed CNG terminal will have a cargo capacity to handle of 1.5 million metric tonne per annum (MMTPA). The GMB manages the existing port at Bhavnagar, having a capacity to handle three MMTPA cargo, and the new terminals would take the overall capacity to nine MMTPA, the release said.
To develop CNG and other terminals on the north side of the existing port would require major modifications in the existing infrastructure, including dredging in water channel of port basin, construction of two lock gates and off-shore infrastructure for CNG transportation, the release said.