Numaligarh refinery gets 200-acre land within Paradip port for oil terminal
Paradip Port Trust (PPT) has alloted 200 acres of land to Numaligarh Refinery Ltd (NRL) on long-term lease basis to set up a crude oil terminal within the port premises. The facility will enable NRL to import crude oil via the major port at Paradip to cater to its requirement post ramp up of its refinery from three million tonnes per annum (mtpa) to nine mtpa.
NRL has deposited Rs 20 crore with the PPT as initial land deposit. NRL is trebling its refinery’s nameplate capacity at a cost of Rs 22,000 crore, billed as one of the highest investments in the North East.
In April 2017, NRL had signed a memorandum of understanding (MoU) with PPT and Indian Oil Corporation Ltd (IOCL) for imports of crude oil through the major port.
