Gail will promote the joint venture
company (Reliance Assam Petrochemicals) with 70 per cent equity participation
and the remaining 30 per cent will be shared equally among Oil India, Numaligarh
Refinery and Assam government for implementing the Rs.5,460.61 crore Assam Gas
Cracker project at Lepetkata in Dibrugarh district of Assam.
Work on the project is scheduled for
completion within a period of 60 months from the date of approval.
The feedstock for the petrochemical
complex is 6.0 mmscmd gas from Oil India (OIL) Duliajan and 1.35 mmscmd gas from
Oil & Natural Gas Corporation (ONGCL) upto March 31, 2012 and 1.00 mmscmd
thereafter. The Petrochemical Complex shall also utilize 160,000 tpa of
petrochemical grade Naphtha from Numaligarh Refinery (NRL).
The petrochemical complex will
comprise of a cracker unit downstream polymer and integrated off-site /
utilities plants. The complex will have a capacity of 2,20,000 tpa of Ethylene
and 60,000 tpa of prop and Natural Gas and Naphtha as feed stock. The site has
been identified by the Assam government and necessary environmental clearance
has been obtained.
The products from the petrochemical
complex shall be 2,20,000 tpa of HDPE / LLDPE, 60000 tpa of polypropylene, 55000
tpa of raw pyrolysis gasoline and 12,500 tpa of fuel oil.
Also see:
Gail
to set up Assam gas cracker plant (24-Aug-04)
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