(EnergyAsia, June 30) — The project cost of the proposed liquefied natural gas (LNG) terminal in Kochi port in India’s Kerala state has been revised upward to Rs21 billion from the earlier estimate of Rs18 billion. (US$=Rs43).


The initial project cost estimate did not include additional cost of non-plant buildings, support facilities, project management consultancy and interest cost, India’s Projects Monitor reported.


The terminal, with an initial re-gasification capacity of 2.5 million tonnes/year, is expected to be built by August 2009. Operator Petronet LNG might later expand this to 5 million tonne/year.


The terminal will be built on Puthuvypeen island where Kerala’s Cochin Port Trust has allocated 40 hectares of land.


Engineers India Ltd is likely to be given the task of preparing the basic engineering package while Rai’s Coastal Survey & Consultancy Services Pvt. Ltd will undertake preliminary surveys.