Syama Prasad Mookerjee Port, Kolkata (SMPK) has awarded a 30-year land and waterfront licence for setting up a floating liquefied natural gas (LNG) terminal at the Haldia Dock Complex to a consortium of Invenire Petrodyne Limited and Excelerate Global Operations LLC.
The facility, spread across 10 acres of land and 15 acres of water area, will include a floating storage regasification unit (FSRU) or floating storage unit, supported by a land-based regasification plant of 1.5 million metric tonnes per annum (MMTPA). The capacity can be scaled up to 3 MMTPA depending on market demand.
The consortium secured the project through competitive bidding, with an upfront rent commitment of ₹24.4 crore plus royalty on land, according to SMPK officials.
This will be the first FSRU project among India’s 12 major ports. The first phase is expected to be commissioned in the second half of 2027. The regasified LNG is likely to be transported via GAIL’s upcoming pipeline to Haldia, scheduled for completion by March 2026.
Officials said the project will support growing demand for natural gas in eastern India, catering to industries, power plants, and city gas distributors seeking cleaner energy solutions.
