The West Bengal government has formally cleared Indian Oil Corporation (IOC) as the anchor investor for the proposed petroleum, chemicals and petrochemicals investment region (PCPIR) at Haldia in East Midnapore district, to come up on 1,000 acres.
The state government had appointed Kfs Consultants and Mott McDonald to prepare the masterplan of the PCPIR, which will take a minimum of 6 months to prepare.
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