The Rs 18,900 crore Guru Gobind Singh Refineries (GGSRL), being commissioned at Bathinda by a HPCL-Mittal Energy JV, is expected to be operational by February, 2011 instead of 2012.
This was disclosed here today by a visiting high level delegation of GGSRL led by CEO Prabh Das in a meeting with Punjab Industry Minister Manoranjan Kalia here today, said an official release issued here.
He assured the minister that the orders for the critical equipment required for the project had already been placed with the world renowned 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 9 million metric tonne per annum 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, the release said.
During the course of the meeting, the minister said that the project, which would make Bathinda one of the major petrochemical hubs in Asia, would generate adequate employment in Punjab besides, realizing massive economic and vocational synergies for the region.
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 etc.