PSU NEWS
IOCL approves largest ever investment for Paradip Petrochemical Complex, aligning with PM Modi's vision for Eastern India
IndianOil Board accorded Stage-I approval to set up Paradip Petrochemical Complex at a cost of Rs 61,077 Crore.
IOCL approves largest ever investment for Paradip Petrochemical Complex, aligning with PM Modi's vision for Eastern India
New Delhi- IndianOil Board accorded Stage-I approval to set up Paradip Petrochemical Complex at a cost of Rs 61,077 Crore.This is IOCL's largest-ever investment at a single location & aligns with Hon'ble PM Shri Narendra Modi's vision of Purvodaya for fueling prosperity in Eastern India. IOCL thanked the Govt of Odisha for the incentive package for this project that will produce vital petchem products like PVC, Phenol, IPA & Polymers.
It will vitalize key downstream industries like plastic, pharma, agrochemical, personal care, paints, etc, and support Aatma nirbhar Bharat.
Read Also : THDC India Limited Commemorates Constitution Day with Enthusiasm and Reverence
News Must Read
- BEML and MDL signs MoU for developing Marine Applications
- Ravi K Takes Over as Director (Operations) at HAL
- REC Limited bags award in Best Corporate Film category
- Paytm Launches UPI LITE Auto Top-up for Recurring Daily Payments Under Rs 500 with No PIN
- SECI sign MoU with Rajasthan Government for investment in Renewables
- Power Minister inaugurates NTPC Green Hydrogen Mobility Project in Leh
- Rites revises estimate for Northeast Frontier Railway electrification to Rs 532 crore
- Central Bank of India gets approval for insurance JV with Generali Group
- CSL signs MOU with Seatrium Letourneau USA, to develop jack-up rig design
- RBI inflows Rs 25,000 crore to boost system liquidity in banking system