Indian Oil Corporation will be building a new oil terminal at Vallur as well as a captive jetty near Kamarajar Port to handle petroleum products.
The petroleum terminal in Vallur, which will have a storage capacity of 200,000 kl, will receive products from CPCL Refinery and also through the petroleum jetty at Kamarajar Port. It will have a facility to fill trucks in 24 bays at a time.
The terminal will supply petrol, diesel, kerosene and aviation fuel by road to Chennai and the adjoining districts, and through pipeline to Trichy, Salem, Madurai and Asanur.
Built at an estimated cost of Rs 900 Crore, the terminal will also have the operational flexibility to receive petroleum products through tanker ships from Chennai Port during contingency.
The project is part of the three Memorandum of Understandings (MoUs) which were signed with the Industrial Guidance Bureau during the Global Investors’ Meet held at Chennai in 2019.
The need for the project arose as it was difficult to operate and move products from Korukkupet and Tondiarpet Terminals located between Chennai Port and CPCL Refinery, Manali.
The new site at Vallur has been identified for re-siting the current terminals as it will enhance operational flexibility, said an Indian Oil Corporation spokesman. It is expected to be completed by 2023.
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