Financial Daily from THE HINDU group of publications
Tuesday, Oct 11, 2005
Financial Daily from THE HINDU group of publications Tuesday, Oct 11, 2005 |
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Corporate
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Announcements GAIL draws up tight schedule for Ratnagiri LNG terminal closure Our Bureau
New Delhi , Oct 10 GAIL (India) Ltd today said that it has drawn up a tight schedule for completing Ratnagiri LNG terminal. With the transfer of assets of the erstwhile Dabhol Power Company to Ratnagiri Gas and Power Private Ltd (RGPPL), completion and commissioning of the project assets and putting them to commercial operation have been put on fast track, a company statement said. The company, which is heading the LNG terminal completion activities, has already facilitated reconstitution of the consortia of the erstwhile EPC contractors - Besix-Kier for marine works and Whessoe-Punj Lloyd-Aker Kvaerner for LNG terminal works, the statement said. Besides, Engineers India Ltd (EIL) would be the primary project management consultant (PMC). However, keeping in view the project execution methodology, which makes it essential to engage the companies that had earlier undertaken the construction work, Tokyo Gas Engineering of Japan and Scott Wilson of the UK are being engaged to provide the necessary back-up to EIL's efforts, the statement said. GAIL is also in discussions with Petronet LNG Ltd for technical co-operation.
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