PM Modi to Inaugurate India's First Greenfield Refinery-Petrochemical Complex in Rajasthan
PM to inaugurate 1st greenfield refinery-petrochem complex in Rajasthan
Business Standard
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Prime Minister Narendra Modi will inaugurate India's first greenfield integrated refinery-cum-petrochemical complex in Pachpadra, Balotra, Rajasthan. With an investment of over ₹79,450 crore (approximately $9.5 billion USD), this project aims to enhance India’s energy security and create significant employment opportunities.
- 01The complex is India's first greenfield integrated refinery-petrochemical facility.
- 02It has an investment of over ₹79,450 crore (approximately $9.5 billion USD).
- 03The refinery has a capacity of nine million metric tonnes per annum (MMTPA).
- 04It will generate substantial employment opportunities in the region.
- 05The project aims to enhance India's energy security and promote industrial growth.
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Prime Minister Narendra Modi is set to inaugurate India's first greenfield integrated refinery-cum-petrochemical complex located in Pachpadra, Balotra, Rajasthan. This landmark project, developed as a joint venture between Hindustan Petroleum Corporation Limited (HPCL) and the Rajasthan government, involves an investment exceeding ₹79,450 crore (approximately $9.5 billion USD). The facility boasts a production capacity of nine million metric tonnes per annum (MMTPA) and a petrochemical capacity of 2.4 MMTPA, featuring a high Nelson Complexity Index of 17.0. This complex is expected to significantly bolster India's energy security and petrochemical self-sufficiency while driving industrial growth in the region. Furthermore, it will serve as a catalyst for the development of a petrochemical and plastic park, promoting downstream industries and creating numerous job opportunities, thus contributing to the socio-economic development of the area.
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The refinery is expected to create numerous job opportunities and stimulate local economic growth in Balotra, Rajasthan.
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