Indian refining firm Numaligarh Refinery Limited (NRL) has signed a memorandum of understanding (MoU) which will allow work to begin on its new crude oil import terminal at Paradip Port in Odisha, India.
NRL signed the MoU with Paradip Port Trust (PPT) and the Dredging Corporation of India (DCI) for the reclamation of 200 acres (81 ha) of land at Paradip Port. DCI will begin dredging and reclamation work in mid-November, and expects to complete the work within seven months.
The terminal is expected to cost INR 220 billion (€256 million) and will be constructed as past of NRL’s integrated refinery expansion project, which received environmental approval in July 2020. Crude oil will be imported into the Paradip terminal and transported to the Numaligarh refinery via a cross-country pipeline that will be built as part of the scheme. The pipeline will be 1,398 km in length and have a capacity of 9 million tpa.