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

10 Apr '07

3 min read

Towards contributing to the industrial development of the region, the project is expected to give a boost to further investments in downstream plastic processing industries and allied activities with a potential for substantial direct ant indirect employment generation. The Government of Assam has agreed to grant Exemption from Entry tax on capital goods, Exemption from Works Contract Tax during construction and Sales Tax / VAT exemption on feed stock and products for 15 years from the date of commencement of production.

The Feedstock for the Petrochemical Complex is 6.0 MMSCMD gas from Oil India Limited (OIL) Duliajan and 1.35 MMSCMD gas from Oil & Natural Gas Corporation Limited (ONGCL) upto 31/3/2012 and 1.00 MMSCMD thereafter. The Petrochemical Complex will also utilize 160,000 tons per annum (TPA) of petrochemical grade Naphtha from Numaligarh Refinery Limited (NRL).

The petrochemical complex will comprise of a cracker unit, downstream polymer and integrated off-site/utilities plants. The complex has been configured with a capacity of 220,000 tons per annum (TPA) of Ethylene and 60,000 TPA of propylene with Natural Gas and Naphtha as feed stock. The Products from the Petrochemical Complex shall be 220,000 Tons per annum (TPA) of HDPE/LLDPE, 60000 TPA of Polypropylene, 55000 TPA of Raw Pyrolysis Gasoline and 12,500 TPA of Fuel oil.

The existing LPG plant of GAIL at Lakwa will be modified to process gas for recovery of ethane and higher hydrocarbon fraction, which will be transported to Lepetkata through a pipeline.

Press Information Bureau

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