a project at Panipat refinery will cost Rs 4228 crore and will produce 3,57,000 tonnes per annum paraxylene and 5,53,000 tonnes per annum pta.
Besides, IOC is also building a naphtha cracker and downstream polymer units (naphtha cracker complex) at Panipat at an estimated cost of Rs 6300 crore.
The naphtha cracker complex is scheduled for commissioning in the year 2007-08, Ramachandran said.