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PM lays foundation stone of Rs 5460 crore Petro Project in Assam

Apr '07
The Prime Minister, Dr. Manmohan Singh laid the Foundation Stone of the Rs. 5460 crore Petrochemical Project of Brahmaputra Cracker and Polymer Limited (BCPL). This marks a significant step in the direction of setting up the petrochemical project in Assam, which is expected to be completed in 2011 i.e. 60 months from the date of approval.

The dignitaries present on the occasion include Lt. Gen. (Retd.) Ajai Singh, PVSM, AVSM, Governor of Assam, Shri Tarun Gogoi, Chief Minister, Assam, Shri Murli Deora, Union Minister of Petroleum and Natural Gas, Shri Ram Vilas Paswan, Union Minister of Chemicals and Fertilizers and Steel, Shri Sontosh Mohan Dev, Union Minister of Heavy Industries and Public Enterprises, Shri B K Handique, Union Minister of State for Chemicals and Fertilizers and Parliamentary Affairs and Shri Dinsha Patel, Union Minister of State for Petroleum and Natural Gas.

Also present were Shri Prithibi Majhi, Minister of Planning and Development, Labour and Employment and Tea Tribes Welfare, Assam, Shri Pradyut Bordoloi, Minister of Power, Industries and Commerce, Assam and Shri Sarbananda Sonowal, Member of Parliament, Dibrugarh were also present on the occasion.

Brahmaputra Cracker and Polymer Limited, is a Joint Venture company promoted by GAIL (India) Limited with 70 per cent equity stake. The remaining 30 per cent equity will be shared equally among OIL, NRL and Govt. of Assam. The company is implementing the project to set-up an integrated Petrochemical Complex at Lepetkata, District Dibrugarh. The site has been identified by the Govt. of Assam and necessary Environmental clearance has been obtained.

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