MOSCOW (MRC) -- Prime Minister Narendra Modi has inaugurated the Rs.10,000 crore gas Assam gas cracker, said Internationalreporter.
This is the first ever petrochemical project in entire North East India and was a part of the historic Assam Accord signed on 15th August, 1985 to promote overall socio-economic development of the region. In 2007, former Prime Minister Manmohan Singh had laid the foundation for the project at Lepetkata near Dibrugarh in Assam.
For establishing this project, a joint venture company called Brahmaputra Crackers and Polymers Ltd has been formed with GAIL holding 70% stake, Assam government, Oil India Ltd and Numaligarh Refinery each holding 10% stake.
Production capacity comprises 2.20 lakh tpa of polyethylene and 60,000 tpa of Polypropylene.
Previously, the project was scheduled to be completed in 2012. But the completion date had been postponed twice. The Rs 8,920 crore petrochemical complex, which is in the process of being commissioned, includes a cracker to produce 220,000 t/y of ethylene and 60,000 t/y of propylene, as well as a 60,000-t/y polypropylene plant.
After obtaining ethylene from the cracker plant, the LLDPE / HDPE unit of the plant will be made operational. The plant has already started producing ethylene, which will be used as feedstock for manufacturing polymers that eventually build plastics.
The plant will use natural gas and naphtha as feedstock. OIL India and ONGC will supply natural gas and NRL will supply naphtha to the plant.
MRC