"GSPC LNG – Mundra LNG Terminal – Gujarat - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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GSPC LNG Ltd (GSPC LNG) a special purpose vehicle (SPV) formed by Gujarat State Petroleum Corporation Ltd (GSPC) and Adani Enterprises Ltd (Adani) is undertaking the construction of Mundra LNG Terminal project in Gujarat, India.
The project involves the construction of a liquefied natural gas terminal of 10 million tonnes per annum (MTPA) with scope for further expansion up to 20 MTPA.
The project will be implemented in phases. The first phase of the project involves the construction of an LNG plant with a capacity of 5 million tonnes per annum (MTPA) on 28ha land, which could be scaled up to 10MPTA in the second phase.
The project includes the construction of an LNG receiving jetty, two storage tanks, a regasification unit and infrastructure related facilities.
Tractebel Engineering, a Belgium company, has completed the selection of site and feasibility study. The company was retained for the Front End Engineering and Design (FEED) work.
In May 2010, FEED activities completed for the project. In August 2011, the joint-venture between GSPC and Adani was approved by the Gujarat government. The project will be funded through a mix of debt and equity in the ratio of 70:30.
In the second quarter of 2012, M/s Whessoe Project Ltd was appointed as the PMC Contractor.
In February 2013, GSPC and Adani invited bids for EPC Contractor for the development of initial 5mtpa capacity.
In March 2013, GSPC invited expression of interest (EOI) from strategic partner for up to 25% equity investment.
In December 2013, GSPC shortlisted India Gas Solutions Pvt Ltd, the equal joint venture between the RIL and BP, Indian Oil Corp (IOC) and Oil and Natural Gas Corp (ONGC) for the award of 25% stake.
GSPC and Adani have obtained approvals from the Cabinet Committee on Investment for the development.
In September 2013, IHI Corporation (IHI) awarded an EPCC contract to construct two LNG storage tanks by GSPC. The two tanks will each have a net storage capacity of 160,000m3.
In February 2014, consortium of Toyo Engineering India Ltd and Toyo Engineering Corporation were appointed as EPCC contractor for construction of Regas Facilities under the first phase.
International Marine and Dredging Consultants has been awarded the offshore marine civil works and evaluation of site conditions.
In April 2014, Marine facilities work commenced on the project. On July 24, 2014, Commerce Ministry's Board of Approvals (BoA) has given approval to GSPC for the first phase.
GSPC has shortlisted three companies for the equity participation in December 2013. Besides the three, other firms, which also expressed interest in the project, are Petronet LNG Ltd, Torrent Energy, Japan's Mitsui & Co and Toyota Tsusho.
In August 2014, Construction activities commenced. On February 11, 2015, BAM Infraconsult was awarded the construction contract for Xbloc breakwater armour units.
Simplex Infrastructures Ltd has been appointed as the construction contractor for jetty.
Petronet in talks to buy a stake in GSPC Mundra LNG terminal.
Construction activities in the first phase and jetty are underway which are expected to be completed in the fourth quarter of 2017.
The project involves the construction of a 10 million tonnes per annum (MTPA) of liquefied natural gas terminal with scope for further expansion upto 20 MTPA at Mundra Port in Kutch District, Gujarat, India.
The US$667 million project includes the following: