Expert Appraisal Committee (EAC) for projects related to Infrastructure Development, Coastal Regulation Zone, Building/Construction and Miscellaneous, which met at Environment Ministry headquarters in New Delhi recently, has recommended construction of Multi-User Liquid Terminal (MULT) in the Puthuvypeen SEZ, for handling LPG, bunker fuel and other POL cargo, official sources told PTI.
The Rs 217.33 crore project is being developed under the supervision of Cochin Port Trust on behalf of Indian Oil Corporation and is expected to be completed within two years.
The location has been selected keeping in view of the potential for future development, safety aspects, convenience for operation and special benefits that will be available in a SEZ area, they said.
EAC after detailed deliberations recommended the proposal with certain specific conditions like there shall be no destruction of mangrove at the west and north of the proposed MULT site during the construction as well as the operational phase.
"The chemical and biological characteristics of marine water quality should be monitored at regular intervals during construction and operation phase of the project. Monitoring shall conform to norms prescribed by the concerned State Pollution Control Board," according to official document.
The Cochin Port Trust in July this year had awarded the work of the jetty for super gas tankers to a private firm based in Vishakhapatnam. The MULT is to facilitate mainly the import of LPG by Indian Oil Corporation which will do away with the present method of import through Mangaluru Port and supply to various destinations in Kerala by long road haulage.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
