That is according to The Hindu, which quoted a top official as saying that gas services are due to begin by the year end.
The LNG terminal, which will have an annual capacity of 5 million tonnes, is a joint venture between Adani Enterprises Ltd and Gujarat State Petroleum Corporation (GSPC).
Gas plan
In addition to the LNG terminal, the plan is also to construct an LPG terminal with an annual capacity of 3.6 million tonnes.
In November last year, Petronet LNG Ltd dropped plans to buy 25% stake in the Mundra LNG import terminal to allow its promoter Indian Oil Corp Ltd to pick a larger stake.
Indian Oil had been talking to GSPC for almost two years with regards to acquiring a 50% stake in the terminal.
Adani Ports and Special Economic Zone Ltd (APSEZ) is the country’s largest port developer and the part of the Adani Group.
The group has just inaugerated Dhamra Port’s Phase II expansion, a successful example of a public-private partnership with new facilities including two special bulk cargo berths, fertiliser complex and barge berth.
Last year, Adani Ports and Special Economic Zone (APSEZ), which includes nine ports including Mundra Port, handled 177 million tonnes an increase on 164 million tonnes in the previous year.
Most of this increase was in containers accounting for 50% of the throughput, followed by a 32% dry cargo including coal, fertilizers, mineral, steel and agri products.