• Contact No : 9810386315
  • E MAil : officemail.masm@gmail.com
Saturday, May 10, 2025
Human Touch
No Result
View All Result
  • Login
  • Home
  • About Us
  • Programmes
  • Partnerships
  • Publications
  • Networking
  • Download
  • Stories Of Change
  • Contact
  • Home
  • About Us
  • Programmes
  • Partnerships
  • Publications
  • Networking
  • Download
  • Stories Of Change
  • Contact
No Result
View All Result
Morning News
No Result
View All Result
Home Publication

IOC gets in-principle approval for Paradip petrochemical complex

Deepmala Tripathy by Deepmala Tripathy
March 22, 2023
in Publication
0
IOC gets in-principle approval for Paradip petrochemical complex
0
SHARES
0
VIEWS

Indian Oil Corporation Limited (IOCL) has been accorded Stage-I approval for setting up Paradip Petrochemical Complex at Paradip in Odisha.

The project will be developed at an estimated cost of Rs 61,077 crore. It is IOCL’s biggest investment at a single location. This project will be a boost for downstream industries like plastic, pharma, agrochemical, personal care, paints, etc.

READ ALSO

Woman with 4 kids jumps into well in MP’s Burhanpur, three dead

Congress MLAs create ruckus in Odisha Assembly over Rahul’s disqualification

“Board of Indian Oil at its meeting held on March 21, 2023, has accorded ‘in-principle’ approval to carry out pre-project activities including preparation of Detailed Feasibility Report for setting up Paradip Petrochemical Complex at Paradip, Odisha at an estimated project cost of Rs 61,077 crore,” the company said in a regulatory filing.

IOCL further said that the project will improve the Petrochemical Intensity Index of the company and de-risk its fossil fuel business. “It shall also help to reduce the import dependency and contribute to vision of ‘Atmanirbhar Bharat’,” it added.

“We thank the Government of Odisha for the incentive package for this project that will produce vital petrochemical products like PVC, Phenol, IPA, and Polymers. It will vitalize key downstream industries like plastic, pharma, agrochemical, personal care, paints, etc., and support Aatmanirbhar Bharat,” the IOCL said in a statement.

Union Minister Dharmendra Pradhan also welcomed the IOCL approval of the project.

“I welcome IOCL’s approval for setting up the Paradip Petrochemical Complex in Odisha. The largest-ever investment by IOCL at a single location in India, this effort is guided by PM Narendra Modi’s vision of Purvodaya which will spur socio-economic growth in Odisha,” said Pradhan in a statement.

“I thank PM Modi and Petroleum Minister Hardeep Singh Puri for their commitment for the development of Odisha and eastern India. The decision will act as a catalyst towards making India Aatmanirbhar in the petrochemicals sector,” he added.

Tags: approval for Paradip petrochemical complexIOC gets

Related Posts

Woman with 4 kids jumps into well in MP’s Burhanpur, three dead
Publication

Woman with 4 kids jumps into well in MP’s Burhanpur, three dead

Congress MLAs create ruckus in Odisha Assembly over Rahul’s disqualification
Publication

Congress MLAs create ruckus in Odisha Assembly over Rahul’s disqualification

Life Hit By 12-Hour bandh Over ‘Ghumsur’ District Status Demand in Bhanjanagar
Publication

Life Hit By 12-Hour bandh Over ‘Ghumsur’ District Status Demand in Bhanjanagar

Assam Police seize drugs worth Rs 30 cr, three arrested
Publication

Assam Police seize drugs worth Rs 30 cr, three arrested

2 killed, 30 injured as bus rams into stationary Hyva truck in Sundargarh
Publication

2 killed, 30 injured as bus rams into stationary Hyva truck in Sundargarh

MeT issues yellow warning For Rain, Thunderstorm For 13 Dists of Odisha
Publication

MeT issues yellow warning For Rain, Thunderstorm For 13 Dists of Odisha

Next Post
Bike used in escape seized but Amritpal Singh still at large

Bike used in escape seized but Amritpal Singh still at large

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

This District Of Odisha Is The First To Be Child Marriage Free

This District Of Odisha Is The First To Be Child Marriage Free

HSRP facility in Odisha now available in “ Mo Seva kendra”

HSRP facility in Odisha now available in “ Mo Seva kendra”

Lock Upp’: Saisha Shinde Opens Up On Having Physical Relationship With Well-known Fashion Designer

International Day Of The Girl Child

International Day Of The Girl Child

On International Self-Care Day, ‘SLAY’ with Glance & Roposo

On International Self-Care Day, ‘SLAY’ with Glance & Roposo

EDITOR'S PICK

Рисковать на капитал в популярных интернет-казино с акциями.

Manmohan Samal becomes new BJP Chief of Odisha

Manmohan Samal becomes new BJP Chief of Odisha

Understanding Legal Anabolic Steroids Prices: A Comprehensive Guide

Кредит онлайн Украина ᐈ Взять кредит онлайн на карту Минфин

About

Human Touch is a platform for non-partisan portrayal of human rights issues in their different forms. Be it the rights of the weaker sections of our population such as the women, the children

Follow us

Categories

Recent Posts

  • ดาวน์โหลด 1xBet รับและลงนาม Droid addenda ติดตั้ง 1xBet APK บนโทรศัพท์ Android
  • Spartacus Name to help you Hands Demonstration Enjoy Free pokie tips australia Position Game
  • Roman casino abo no deposit bonus chariots
  • 10 Best fabulous bingo casino Online casinos the real deal Money Get 2025

LOCATE US

  • Manavadhikar Samajik Manch
    39, Sant Nagar, New Delhi – 110065
    Tel.: 91-11-41621978
    E-mail: officemail.masm@gmail.com
  • Phone Number : 9810386315
  • Email : officemail.masm@gmail.com

© 2021 humantouch - Designed by JustOdisha.

No Result
View All Result
  • Homepages
  • Programmes
  • Partnership
  • Publication
  • Download
  • Networking
  • Stories Of Change
  • Science
  • Contact
  • Travel

© 2021 humantouch - Designed by JustOdisha.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In