India’s largest petrochemical plant, built by ONGC Petro Additions Ltd (OPaL) at a cost of Rs 30,000 crore, at Dahej Special Economic Zone (SEZ) was dedicated to the nation by Prime Minister Narendra Modi on Tuesday.
OPaL, a joint venture company promoted by ONGC, GAIL, and GSPC, is the single largest petrochemical plant in the country that has a capacity to produce 14 lakh tonnes of polymers and 5 lakh tonnes of chemicals such as benzene annually.
Modi visited the plant and the main control room of OPaL, where he was given a detailed presentation on the project. He was accompanied by Gujarat Chief Minister Vijay Rupani, Union Ministers Mansukh Mandaviya and Nitin Gadkari.
Speaking on the occasion, Modi said that the industrial town of Dahej was like “mini-India” where people from across the country were working. He said that when he was the chief minister of Gujarat, he used to visit Dahej and has seen it getting developed brick by brick. Therefore, he said it was natural for him to have an emotional bonding with it.
Dahej is like a mini-India. People from all over India are here & are contributing to the nation: PM @narendramodi
— PMO India (@PMOIndia) March 7, 2017
“Due to government’s efforts, Dahej SEZ has secured a place among the top 50 SEZs of the world. This region has given employment to lakhs of citizens. I congratulate all the people who are behind the success of Dahej SEZ,” he said, adding that the Gujarat government has worked very hard for over 15 years to develop the Dahej SEZ under the Petroleum, Chemical and Petrochemical Investment Region (PCPIR).
PM Modi expressed confidence that this PCPIR in Gujarat would give employment to 8 lakh people upon its full utilisation. He also mentioned that the average per capita consumption of polymers in India is 10 kg as against the global average of 32 kg.
“There is tremendous potential for growth in the wake of higher disposable income of middle class and urbanisation. As per an estimate, OPaL’s market share in the polymer sector will be 13 per cent by 2018,” he said.
“Dahej was selected for one of the four PCPIRs to be developed across the country. At present, it provides employment to over 1.25 lakh people. When this PCPIR starts functioning at its full capacity, it would give employment to around 8 lakh persons,” he added.
(With Agency Inputs)
Latest posts by Team EnergyInfraPost (see all)
- Global Crude Oil Price Of Indian Basket Was US$ 56.42 Per Bbl On 25.09.2017 – September 26, 2017
- Nitin Gadkari To Inaugurate/lay Foundation Stone For Nh Projects Worth Rs 4468 Crore In Andhra Pradesh On 3rd Oct 2017 – September 25, 2017
- PMLaunches Pradhan Mantri Sahaj Bijli Har Ghar Yojana Saubhagya – September 25, 2017