BPCL gets Environment Ministry nod for expansion project.

BPCL has got Environment Ministry's nod for a Rs. 4,588 crore expansion at its refinery facility, paving way for its ambitious plans to produce some niche petrochemicals that are mostly imported into the country.

'It is a huge project. The estimated capital of this Make in India project is Rs. 4,588 crore and is proposed to be located near the refinery at Kochi. It was unnecessarily pending. We immediately cleared recently,' Union Environment Minister Prakash Javadekar told.

According to state-run Bharat Petroleum Corporation Ltd. (BPCL), the proposed Propylene Derivatives Petrochemical Project (PDPP) consists of three major process units -- acrylic acid, oxo-alcohol and acrylates.

'About 329 KTPA of products will be manufactured from 250 KTPA of Propylene feed stock in the PDPP complex. Matching Utilities and off-site facilities are also envisaged as part of the project,' the company said.

The land required for the project is approximately 132 acres -- 118 acres towards plant facilities and green belt development for presently envisaged products and 14 acres for related future products.

'Land acquisition activities have been completed. The estimated cost of the project is approximately Rs. 4,588 crore. This includes cost towards environmental management and Corporate Social Responsibility,' BPCL said.


ET