World’s First CNG Terminal’ at Bhavnagar

World’s First CNG Terminal’ at Bhavnagar

Context:

  • The Prime Minister has laid the foundation stone for the “world’s first CNG (Compressed Natural Gas) terminal” at Bhavnagar in Gujarat

How it originated?

  • A consortium made up of the London-based Foresight Group, the Mumbai-based Padmanabh Mafatlal Group, and the Rotterdam-based Boskalis signed a Memorandum of Understanding (MoU) with the Gujarat Maritime Board (GMB) for the development of the CNG terminal during the January 2019 Vibrant Gujarat summit, which gave birth to the project.
  • A project proposal for the construction of a CNG terminal and related infrastructure on the north side of the Bhavnagar port was submitted in December 2019.
  • This was approved, and in September 2020, GMB submitted a Letter of Intent (LoI) on behalf of the consortium’s special purpose vehicle, Bhavnagar Port Infrastructure Pvt Ltd.

Importance of Bhavnagar Port:

  • The Dholera Special Investment Region (SIR) is close by, and the Bhavnagar port is anticipated to serve the businesses that have established bases there.
  • A railway line that runs to the port’s current berths already connects it to the northern hinterland.
  • Apart from the CNG terminal which will be part of the existing Bhavnagar port other additional facilities such as an ultra-modern container terminal, multipurpose terminal (LPG and Chemical), a Ro-Ro (roll-on/roll-off) terminal for cargo ships that can load and unload wheeled objects such as trolleys and cars, and a liquid cargo terminal will also be developed. 

 

            Source The Indian Express

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