New Delhi: Prime Minister Narendra Modi will virtually launch several key projects of oil and gas sector in Tamil Nadu on Wednesday.
The Prime Minister will dedicate to the nation the Ramanathapuram – Thoothukudi natural gas pipeline and Gasoline Desulphurisation Unit at Chennai Petroleum Corporation Limited.
He will also lay the foundation stone of Cauvery Basin Refinery at Nagapattinam. These projects will result in substantial socio-economic benefits and will boost the country’s march towards Urja Aatmanirbharta.
The Governor and Chief Minister of Tamil Nadu, and Union Minister for Petroleum and Natural Gas will also be present on the occasion.
The Ramanathapuram – Thoothukudi section (143 km) of the Ennore- Thiruvallur- Bengaluru- Puducherry- Nagapattinam- Madurai- Tuticorin Natural Gas Pipeline has been laid at the cost of about Rs. 700 crores. It will help utilise gas from ONGC Gas fields and deliver natural gas as feedstock to industries and other commercial customers.
The Gasoline Desulphurisation Unit at Chennai Petroleum Corporation Limited (CPCL), Manali has been constructed at the cost of about Rs 500 crore which will produce low sulphur (less than 8 ppm) environment-friendly gasoline, help reduce emission and contribute towards a cleaner environment.
The Cauvery Basin Refinery to be set up at Nagapattinam will have a capacity of nine million metric tonnes per annum.
This refinery will be set up through a Joint Venture of IOCL and CPCL at an estimated project cost of Rs. 31,500 crore and once commissioned, it will produce Motor Spirit and Diesel meeting BS-VI specifications, and Polypropylene as a value-added product.