The Hindu Business Line : RNRL in race to hire LNG terminal adjacent to Dabhol plant

NEW DELHI: Anil Ambani Group firm Reliance Natural Resources Ltd (RNRL) has joined the race to hire the LNG terminal adjacent to the Dabhol power plant to import liquefied natural gas (LNG) cargoes.

RNRL joins the likes of Reliance Industries, Essar Oil and Indian Oil for hiring the five-million-tonne-a-year capacity LNG import facility on the basis of toll. “There are eight companies (who put in expression of interest)... RNRL is one of them,” said Mr A K Ahuja, Managing Director of Ratnagiri Gas and Power Pvt Ltd, the company that operates the nation's biggest gas-fired power plant and the adjacent LNG import facility.

Others in the fray include state power utility NTPC and GMR. Mr Ahuja said RGPPL will frame bidding criteria and call for financial bids by next month. RGPPL does not need the import facility as the Government has already allocated natural gas from RIL's Bay of Bengal KG-D6 fields to fire the 2,150 MW power plant.

The LNG terminal is mechanically complete but commercial commissioning has been put off till September. The Ratnagiri port has no breakwater, which makes docking vessels impossible during monsoon. - PTI

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