New Delhi, Apr 20 (PTI) Prime Minister Narendra Modi will visit Rajasthan on Tuesday, during which he will dedicate to the nation India's first greenfield integrated refinery-cum-petrochemical complex at Pachpadra in Balotra.
This landmark project, with an investment of more than Rs 79,450 crore, represents a significant milestone in India's energy and petrochemical sector, an official statement said.
The prime minister will also address a public gathering on the occasion.
The nine million metric tonnes per annum (MMTPA) greenfield refinery-cum-petrochemical complex has been developed as a joint venture between Hindustan Petroleum Corporation Limited (HPCL) and the government of Rajasthan.
The state-of-the-art complex integrates refining and petrochemical production, with a petrochemical capacity of 2.4 MMTPA. The refinery features a high Nelson Complexity Index of 17.0 and petrochemical yields exceeding 26 per cent, aligning with global benchmarks for efficiency and sustainability.
The project is expected to play a pivotal role in strengthening India's energy security, enhancing petrochemical self-sufficiency, and driving industrial growth.
It will serve as an anchor industry for the development of a petrochemical and plastic park in the region, promoting downstream industries and ancillary sectors, the statement said.
Additionally, the refinery is poised to generate significant employment opportunities, contributing to the socio-economic development of the region.