Paradip is poised to become a petrochemical complex in the near future. Indian Oil corporation is setting up a Petrochemical complex at paradip
Grassroots Refinery-Cum-Petrochemicals Project At Paradip
Project Cost: Rs. 24,000 crore
Expected Commissioning: In 2011-12
The project will help in partly meeting deficit of distillates viz. LPG, Naphtha, MS, Jet/Kero, Diesel and other products, in the eastern part of the country. The complex will generate intermediate petrochemicals feedstock.
A 15 MMTPA grassroots refinery-cum-petrochemicals complex (along with a product pipeline to Ranchi) is planned to be constructed at Paradip in the state of Orissa. The Refinery will have, apart from a Crude and Vacuum Distillation Unit, a Hydrocracking Unit, a Delayed Coker Unit and other secondary processing facilities. It will also have an integrated gasification combined cycle plant for production of steam, power and hydrogen from petroleum coke for captive use in the refinery. This will be the most modern refinery in India with nil residue production and the products would meet stringent specifications. 3344 acre of land has been taken over by IndianOil and necessary infrastructure development jobs prior to setting up of the main refinery are progressing.
This complex envisages production of integrated petrochemicals like Paraxylene, Polypropylene, and Styrene.
Construction Of POL Terminal For ERIP, Paradip
Project Cost: Rs 569 crore
Expected Commissioning: To synchronise with refinery completion.
LPG Marketing Terminals At Paradip
Project Cost: Rs 220.81 crore
Expected Commissioning: To synchronise with refinery completion