Government of India approves State of Punjab grass-root refinery

Aug 08, 2000 02:00 AM

The Minister for Petroleum & Natural Gas, Shri Ram Naik informed the Rajya Sabha in a written reply that the Government of India had approved the 9 mm tpy capacity grass-root refinery in the State of Punjab at a cost of RS 9,806 crore which will be implemented by Hindustan Petroleum Corporation Limited (HPCL) as a joint venture. In April, 2000, the Government had approved an amount of RS 300 crore for taking up certain construction activities of the project.
All environmental clearances for the Punjab Refinery Project as well as linked project have been received. All major statutory approvals have also been obtained. A total of 2000 acres of land has been acquired for the project and secured by construction of a boundary wall.
The Minister further informed that a detailed pipeline route survey of the proposed crude oil pipeline from Gujarat to Bhatinda has been completed. The construction activities based on the sanction of RS 300 crore has been taken up by HPCL.

Source: M2 PressWIRE via Newspage
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