Site selection study by HPCL and GAIL in Andhra Pradesh for 15 mln ton refinery cum petrochemical complex

15-Mar-16

State-owned Hindustan Petroleum Corp Ltd (HPCL) and Gail India Ltd have shortlisted three sites in Andhra Pradesh for setting up a 15 mln tpa refinery, oil minister Dharmendra Pradhan said on Monday. “HPCL and Gail have carried out a prefeasibility-cum-configuration study for 15 mln tons integrated refinery cum petrochemical complex and also a standalone petrochemical complex,” he said. Financial appraisal of setting up the refinery-cum-petrochemical complex or just the petrochemical complex has also been carried out. “Site selection study for three sites, namely, Nakkapalli cluster near Visakhapatnam, Kakinada SEZ in East Godavari district and at Machilipa-tnam have been completed,” Mr Pradhan said in a written reply in the Lok Sabha. The project schedule, he said, would depend on completion of detailed feasibility report, financial appraisal of the project and subsequent appro-vals. He did not give further details.