DBL secures LPG pipeline infrastructure project from Paradip to Raipur
Dilip Buildcon has been selected as the successful for securing LOI for ?Grant of Authorization for Laying, Building, Operating or Expanding Petroleum and Petroleum Product (LPG) Pipeline from Paradip, Odisha to Raipur, Chattisgarh?.
The Project Authority is Petroleum and Natural Gas Regulatory Board (PNGRB).
The Project entails the grant of an exclusive license by PNGRB to act as the authorized entity for the development of ?pipeline? infrastructure for the transportation of LPG, including financing, construction, and operation of the same, and to levy and collect tariff for the transportation of LPG up to the designated delivery point for operation period of 25 years after construction period of 3 years.
Under the proposed Project, Dilip Buildcon will undertake the design, finance, development, construction, operation and maintenance of the proposed LPG pipeline infrastructure, subject to applicable approvals, authorisations and regulatory requirements of the Petroleum and Natural Gas Regulatory Board (PNGRB).
The proposed pipeline infrastructure will facilitate the transportation of LPG to the bottling plants of various Oil Marketing Companies (OMCs), thereby intending, replacing the existing road-based transportation of LPG through tankers and enhancing road safety.