Dhamra LNG terminal, a joint venture of Adani Ports & SEZ and TotalEnergies of France, will save over Rs 5,000 crore annually for its users and act as a main source of gas to more than 35 per cent of India’s population.
The LNG terminal, located within in Dhamra port, will service more than eight energy starved eastern states by substituting expensive fuels like Naphtha and high speed diesel (HSD), said a source.
There has been no amount upfront or during the project either as cash or bank guarantees that has been given by Indian Oil Corporation (IOCL) or Gas Authority of India (GAIL) to the project, the official said, reacting to allegations about the project cost borne by the PSUs.
