Power Today |
Advertise Here [728 W x 90 H pixels]
News Brief | March 2016

HPCL getting ready for big ticket investment in Vizag

Oil giant HPCL has big plans for investment in Visakhapatnam and its neighbourhood with plans to kick off work on expansion of Visakh Refinery and enter into a joint venture agreement with GAIL to set up a Greenfield refinery near the city. After a long delay, the HPCL management is happy that it could get green signal from Ministry of Environment and Forests last month for expanding the capacity of Visakh Refinery from 8.33 to 15 million tonne with a total investment of Rs.18,400 crore. Once tenders for various works are awarded, the work will gain momentum. The timeline fixed to complete the project from date of getting MoEF clearance is three years. The MoEF had earlier rejected the applications for expansion on the ground of imposing a moratorium on Greenfield and Brownfield projects after declaring the city as ´critically polluted.´ The tag was taken off a couple years ago after improvement in emission parameters - an issue which is strongly objected by environmentalists and social activists.
Post your comment
Verification Code:   Change Image


Posted Comment
1 .     Yogesh Says:
17 Oct 2016
I wish to start pvc / pp electric wire unit in Delhi. What kind of information I can get if I subscribe for your magazine

2 .     Sarfaraj Bilakhiya Says:
20 Sep 2016
Pls invite me all auction in gujarat

3 .     k.natarajan Says:
20 Jun 2016
we are doing business developing for solar power ,thermal power , customer supporting and we have 45 mw splar power on hand needs investors..... thanks lot pls call +910842559230 +919842753550

Advertise Here [728 W x 90 H pixels]