Indian Oil laid the groundwork for the INR 470-crore project in November 2020, in a bid to ease the stress on the other terminals. The Greenfield terminal would supply fuel to Villupuram, Cuddalore, Perambalur, and Puducherry.
The trial run of Indian Oil Corporation Ltd.’s (IOCL) Asanur terminal is all set to begin in a month – as published in a leading newspaper. About the testing of the terminal, Mr. V.C. Asokan, Executive Director, IOCL, says that the transmission of petroleum products for the trial will begin as they expect to attain the remaining approvals soon. This is likely to be commissioned by the end of the year.
The INR 470-crore project, which was launched in November 2020, would relieve the pressure on the IOCL’s other terminals. The new terminal would supply fuel to Villupuram, Cuddalore, Perambalur, and Puducherry, according to Mr. Asokan.
The pipeline, spanning 700 m, originating from the existing pumping station has been laid to the Greenfield terminal. Also, at the terminal, a shed with eight bays with truck loading and blending facilities and a vapour recovery system has been built for the handling and storage of finished petroleum products.
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A total of 75 acres of land belonging to Tamil Nadu Small Industries Development Corporation Ltd. (SIDCO) was acquired for this terminal. This project is a chunk of the INR 7,900 crore investment which was planned for Tamil Nadu.