Corporate Times

Odisha to be eastern India’s petrochem hub: PM Modi

Prime Minister Narendra Modi exuded confidence on Odisha’s potential to be Eastern India’s hub for petrochemicals industries, banking on the the ambitious Paradip-Hyderabad Pipeline project of South Eastern Region Pipelines Ltd. (SERPL) of the Indian Oil Corporation Limited (IOCL).

Laying the foundation stone of the project at Khajuria village near Jankia toll gate of Khurda district through a video conferencing from IIT-Bhubaneswar, PM Modi said “The Paradip-Hyderabad pipeline project will give a new recognition to Odisha. It will not only create new employment opportunities for the youths of the state but will also fulfil the needs of petrol, diesel, aviation turbine fuel (ATF) of numerous towns and villages. The Central government is fully dedicated to provide clean, smoke free fuel even to the poorest of the families in the country.”

The proposed project with an estimated cost of Rs 3808 crore has been targeted to be commissioned by August 2020. It will offer petroleum products to the upcoming grass root depots at Berhampur in Odisha, existing depots at Vizag and Vijayawada in Andhra Pradesh, upcoming depot at Achutapuram, also in Andhra Pradesh, and, upcoming depot at Hyderabad in Telangana after receiving inputs from IOCL’s Paradip Oil Refinery with a capacity to process 15 million tonnes of crude oil each year.

The length of the proposed pipeline, identified in the National Perspective Plan under the flagship Sagarmala Programme of the Central Government, is about 329 km in Odisha, 723 km in Andhra Pradesh and the rest 160 km in Telangana.

Addressing a gathering of more than 2500 during the ground breaking ceremony of the project, PC Choubey, Executive Director of SERPL said, “Paradip-Hyderabad Pipeline Project is a national project of immense significance that would cater to the growing demand in three different states. The people of Odisha are extremely grateful to PM Modi for bringing in huge investments in Odisha and neighbouring states”.

“We at the Indian Oil are also committed in giving back to the society and contribute in transforming the rural landscape close to the pipelines,” Choubey said.

As part of the ground breaking ceremony, a series of socio-cultural activities were also organised at the site. More than 400 patients were provided free health check-up during the day-long health camp organised in association with Apollo Hospitals, Bhubaneswar.

This apart, several activities for the upliftment of the local villagers were also taken up during the programme. Officials of the SERPL carried out assessment camps with various local village representatives. Identified divyang (differently-abled) residents were provided with aids and assistive devices in presence of Executive Director, SERPL.

Besides the IOCL project, Prime Minister Modi laid the foundation stone for the Bokaro-Angul section, part of the 2650-km Pradhan Mantri Urja Ganga pipeline being constructed by GAIL (India) Ltd, envisaging an investment of Rs 3400 crore.

Comment here