Speed Post News Network
New Delhi : Prime Minister Narendra Modi will dedicate to the nation and lay the foundation of key projects of oil & gas sector in Tamil Nadu on February 17, 2021, at 4:30 pm via video conferencing. The Prime Minister will dedicate to the nation the Ramanathapuram – Thoothukudi natural gas pipeline and Gasoline Desulphurisation Unit at Chennai Petroleum Corporation Limited, Manali.
The PM will also lay the foundation of Cauvery Basin Refinery at Nagapattinam. These projects will result in substantial socio-economic benefits and will boost the country’s march towards Urja Aatmanirbharta. Governor and Chief Minister of Tamil Nadu, and Union Petroleum and Natural Gas Minister will also be present on the occasion.
About the Projects : The Ramanathapuram – Thoothukudi section (143 km) of Ennore- Thiruvallur- Bengaluru- Puducherry- Nagapattinam- Madurai- Tuticorin Natural Gas Pipeline has been laid at a cost of about Rs 700 crore. It will help utilise gas from ONGC Gas fields and deliver natural gas as feedstock to industries and other commercial customers, according to a PIB release.
The Gasoline Desulphurisation Unit at Chennai Petroleum Corporation Limited (CPCL), Manali, has been constructed at a cost of about Rs 500 crore. It will produce low sulphur (less than 8 ppm) environment-friendly gasoline, help reduce emission, and contribute towards a cleaner environment.
The Cauvery Basin Refinery to be set up at Nagapattinam will have a capacity of 9 million metric tonnes per annum. It will be set up through a Joint Venture of IOCL and CPCL at an estimated project cost of Rs 31,500 crore. It will produce Motor Spirit and Diesel meeting BS-VI specifications, and Polypropylene as a value-added product.