"I am requesting the Chief Minister and people of Kerala that if the line is not completed, then it is a big loss for the Cochin Port. If we complete the line, we will get a profit of more than Rs 150 crore," Union Road Transport, Highways and Shipping Minister Nitin Gadkari told reporters here from Mumbai via video conferencing.
"Today we are in loss. If this situation goes on...If the state government cannot cooperate in completing the gas pipeline project, then we will have to think about closing the Cochin Port," he said.
Petronet LNG has set up South India's first LNG receiving, regasification and re-loading terminal with capacity of 5 MMTPA at Kochi.
The terminal area is situated in the Special Economic Zone (SEZ) of Puthuvype near the entrance to Cochin Port.
The jetty facility is designed to receive LNG tankers between 65,000 to 216,000 cubic metres (Q-Flex).
However, laying pipelines from Kochi to Mangaluru is facing stiff resistance from people in some parts of the state. They argue that such projects are not permitted in densely populated areas.
The minister also said the Centre is ready to construct national highways in Kerala if the state government provides land.
Noting that land acquisition is a big problem in Kerala, the minister said, "If you are ready to give the land, we are ready to construct the national highways.
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
