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  • Prime Minister Shri Narendra Modi to dedicate two oil and gas projects to the nation and lay the foundation stone of grassroot refinery on 17th February 2021
    édité le 15/02/2021 - Plus de news de "Indian Oil" - Voir la fiche entreprise de "Indian Oil"

Prime Minister Shri Narendra Modi to dedicate two oil and gas projects to the nation and lay the foundation stone of grassroot refinery on 17th February 2021

Prime Minister Shri Narendra Modi will dedicate the Ramanathapuram - Thoothukudi natural gas pipeline and Gasoline desulfurization unit at Chennai Petroleum Corporation Limited to the nation on 17th February 2021 at 04:30 PM via videoconferencing. Prime Minister shall also lay the foundation stone of Cauvery basin Refinery at Nagapattinam. The event marks another significant milestone towards the Energy Aatmanirbharta for the nation. Governor and Chief Minister of Tamil Nadu, Union Minister for Petroleum and Natural Gas and Steel, and other Members of Parliament will also be present on occasion.

About the Projects

Ramanathapuram - Thoothukudi section (143 km) of the Ennore-Thiruvallur-Bengaluru-Puducherry-Nagapattinam-Madurai-Tuticorin Natural Gas pipeline (ETBPNMTPL) pipeline has been laid at the cost of about Rs 700 crore. It has generated 1.7 lakh man-days of employment. The pipeline shall utilize the gas from ONGC Gas fields and deliver indigenous natural gas as feedstock to M/s. Southern Petrochemical Industries Corp. Ltd. (SPIC) at Tuticorin and other industrial/commercial customers and CGD GAs.

The Gasoline Desulfurization unit at CPCL, Manali has been constructed at about Rs 500 crore, generating 18,000 man-days of employment. The gasoline desulfurization unit at CPCL, Manali refinery shall produce low sulphur (less than 8 ppm) environment-friendly gasoline, which will reduce emission and contribute towards a cleaner environment.

The grass-root refinery with 9 million tonnes per annum (MMTPA) capacity is to be set up at Nagapattinam by a JV between IndianOil and CPCL at an estimated project cost of Rs.31,500 crore. This project shall generate about 50 lakh man-days during the execution phase. The new refinery will produce MS and Diesel meeting BS-VI specifications and Polypropylene as a value-added product and anticipates approximately 80% indigenous sourcing of materials and services.

These projects would result in substantial socio-economic benefits and shall aid the development of transport and communication facilities, education facilities, downstream petrochemical industries, ancillary and small-scale industries.

About Indian Oil Corporation Limited

With a 33,000-plus work-force, extensive refining, distribution & marketing infrastructure and advanced R&D facilities, IndianOil has been providing energy access to millions of people across the length and breadth of the country through its ever-expanding network of customer touch points, currently numbering over 50,000. With a turnover of Rs. 6,05,924 crore and a net profit of Rs. 16,894 crore for the fiscal 2018-19, IndianOil is one the largest and most trusted corporate in the Country, touching the lives of over a billion Indians.

Origine : Communiqué Indian Oil

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