Paradip: Union Road Transport & Highways Minister Nitin Gadkari and Union Petroleum & Natural Gas Minister Dharmendra Pradhan launched polypropylene plant at Paradip Refinery.
The Polypropylene Plant, which has a capacity of 680 kilo tonnes per annum, has been built at an investment of Rs 3,150 crores.
Polypropylene Plant will increase Indian Oil’s petrochemicals capacity to 3.15 million tonne per annum (MTPA). Besides, it is also claimed to support the plastics industry in the eastern region of the country.
Apart from the Polypropylene Plant, a Multipurpose Clean Cargo Berth to handle clean cargo including containers at Paradip Port was also inaugurated here today. It has been built at a cost of Rs 431 Crore and has a capacity of 50 lakh tonnes /year.
The Berth (450m length x 30m wide x 16m draught) can take in Capesize vessels upto 125000 DWT.
The Union Ministers also laid the foundation stone for six projects on the occasion.
- Mechanization of 3 Coal handling berths at a cost of Rs 1500 Crore; The berth will have a capacity of 300 lakh tons/year and be used for handling export coal. It will be important for sending coal to power plants in South India.
- LPG Terminal at South Oil Jetty worth Rs 690 Crore, having a capacity of 7.5 lakh tons/year – The project will be executed by IOCL primarily for import of LPG to cater to domestic requirements.
- Development of Multi-Modal Logistic Park at a cost of Rs 200 Crore over 350 acres. 100 acres are being developed by CONCOR. There will be 11 lakh sq.ft. of warehousing at the park.
- Development of New Coal Import Berth at cost of Rs 655 Crore, Capacity 100 lakh tons/year. The project will be completed by April 2021. It will be used for handling import of coal cargo and will be important for the steel industry in East India.
- 2nd Exit road including flyover from port at a cost of Rs 94 Crore- A 2nd exit from PPT including flyover has been proposed as part of SIPC project to reduce traffic inside city area. This project shall provide improved Port connectivity from National Highway beside serving as the second exit route and will be executed by National Highways Authority of India (NHAI) and the port.
- Connectivity of MCHP and IOHP at PPT – Rs 67 Crore– This is a project for transfer of thermal coal received through BOXN wagons from Iron Ore Handling Plant (IOHP) to Mechanized Coal Handling Plant (MCHP) stockyard by optimization of capacity of Wagon Tippler of IOHP thereby giving flexibility for interplant cargo handling and supplementing capacity of MCHP.
Ms Kalinga