Odisha govt begins land identification for Haldia Petrochemicals' project

The country's eastern region has the potential to attract Rs 30,000 crore investments in the petrochemicals sector by 2030

The Odisha government has started the process of land identification for a mega petrochemical complex proposed by Haldia Petrochemicals Ltd (HPL).

HPL emerged the biggest greenfield investor at the second edition of Make in Odisha 2018, a biennial investors’ conclave, pledging Rs 70,000 crore investment.

“We have identified some 2000 acres of land close to the Subarnarekha port site for the HPL project. The state government is committed to easing land acquisition hurdles and also smoothen post land allotment issues of the investors”, said an Odisha government official.

HPL runs a naphtha-based petrochemical complex at Haldia, some 125 km from