All clearances obtained for project execution
Work has started on the Barmer Refinery in Rajasthan with Prime Minister Narendra Modi to officiate on formal launch of the project on 16 January, 2018.
All the statutory clearances/approvals for commencement of work were obtained expeditiously.
These are:
Environmental Clearance from MoEF,
Approval of GoI to the revised project and execution of Lease Deed of the allotted land of 4567.32 acre for the Refinery Plant.
Further, 250-acre land allotted for development of Marketing Terminal at Pachpadra, Barmer.
Construction of Boundary Wall has been started after execution of lease deed of land w.e.f. 29.09.2017 by awarding the tender of Rs.40.70 crore.
Other tenders of Rs.50 crores have been awarded for Pre-Project Activities like route-surveys of crude pipeline, product pipeline, water pipelines and Topographic Survey and Soil Investigations.
Project details:
Project Cost – Rs.43129 crore
Target Mechanical Completion – 4 years
Refining Capacity 9 MMTPA
Equity share of HPCL – 74%
Equity share of GOR – 26%
Location – Pachpadra, Barmer, Rajasthan
Incentive – Interest free loan of Rs.1123 crore per annum for 15 years from date of commissioning to be refunded in next 15 years from 16th year onwards
Refinery capable of producing BS VI products
Economic Development:
Downstream industries based on petrochemicals
Ancillary Support Industries
Infrastructure Development:
Roads and communication network
Schools and Colleges
Medical, Health and Service Industries
Benefits of the project:
New Employment Opportunities
40000 indirect during peak construction period
1000 direct employment
Social Upliftment:
Skill development and education
Increasing earning potential
Improvement in living condition.
-/fii-news.com
