Gas Authority of India Limited (GAIL) has proposed to set up a naphtha cracker plant in the Petroleum Chemicals and Petrochemicals Investment Region (PCPIR) coming up on the Andhra seacoast.
Citing the intent of GAIL and its subsequent negotiations with the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) regarding the proposed plant, chief minister N Kiran Kumar Reddy requested Union Petroleum Minister S Jaipal Reddy to issue directions for the expeditious execution of the project.
“The project was discussed at length by the team of senior officials of the state government with the representatives of GAIL. APIIC is working closely with the the organisation for creating the required infrastructure for the project. This project is crucial for the development of the PCPIR and will make it a hub for the entire east coast in the country,” the chief minister said in his letter.
He assured the Petroleum Ministry that the state government would extend all support to make it a reality, according to a release from the Chief Minister’s Office.
When contacted, state-owned APGas Infrastructure Corporation (APGIC) officials said GAIL was keen on setting up downstream processing units starting with naphtha cracker plant.
The actual investment and other details of the projects are yet to be finalised, according to the officials.
