Chandigarh, Nov 19 (UNI) The prestigious Guru Gobind Singh Refineries Ltd (GGSRL) project of Rs 18,900 crore being commissioned at Bathinda by HPCL-Mittal Energy Ltd, a joint venture, is expected to kick off by February 2011 instead of 2012.
This was disclosed here today by a visiting high level delegation of Guru Gobind Singh Refineries Ltd (GGSRL) headed by its CEO Prabh Das in a meeting with state Industries Minister Manoranjan Kalia.
Mr Das assured the minister that the orders for the critical equipment required for the project have already been placed with globally reputed firms. He said that the implementation of the project would be monitored by the top management periodically to ensure its completion within the stipulated time frame.
The Guru Gobind Singh Refinery would be a zero bottoms, energy efficient, environmentally friendly, high distillate yielding complex refinery that would be producing clean fuels and 80 units of polypropylene by processing heavy and acidic crudes.
During the course of the meeting, the minister said that the project, which would make Bathinda one of the major petrochemical hubs in Asia, besides generating adequate employment in Punjab besides.
The refinery would also produce high value added products such as polypropylene, food grade hexane and solvents in addition to LPG, naphtha, petrol, diesel aviation, fuel. The minister assured the visiting delegation that this would be kept in mind while formulating the New Industrial Policy of the state.
UNI HS AK AS1741