New Delhi / Bhubaneswar: The Indian government plans to invest Rs 7.5 lakh over the next five years to create an oil and gas infrastructure in Tamil Nadu through a video conference on Wednesday. . Similarly, Union Minister Dharmendra Pradhan, who attended the event through VC, said that the ambitious project would make Tamil Nadu the centerpiece of the refinery.
The Prime Minister said India was taking various steps to build capacity in the refining sector. In 2019-20, we ranked fourth in the world in refining capacity. Approximately 65.2 million tonnes of petroleum products are exported and are expected to grow further. Indian Oil and Gas companies have now invested around Rs 2,70,000 crore in 27 countries. Speaking at the event, Union Minister Dharmendra Pradhan said that Prime Minister Narendra Modi is in Karkamal today. The Kaveri Basin at Nagapattinam, to be constructed at a cost of Rs 31,000 crore. The foundation stone of the refinery has been laid.
Similarly, the Ramanathpuram-Southukudi natural gas pipeline of Chennai Petroleum Corporation Limited (CPCL), built at a cost of Rs 700 crore in Manali, and the gasoline desulphurization unit at a cost of about Rs 500 crore have been dedicated to the state. A historic step taken today by the Government of India to increase the Ease of Lives facility for the people of Tamil Nadu, the projects launched for the country on Wednesday will make the dream of a self-reliant India a reality. It will also make Tamil Nadu the center of refineries, create jobs in the state and contribute to overall development.
All these projects will create 51.7 lakh man-days, Mr. Pradhan said, adding that the Kaveri Basin Refinery, to be set up at Nagapattinam with an annual capacity of 9 million metric tonnes per annum, will contribute to India's energy security and to Tamil Nadu. On the other hand, the 144-km-long Ramanathapuram-Thadhukudi FL-Tharuvalur-Bengaluru-Puducherry-Nagapattinam-Madurai-Tuticorin natural gas pipeline will be extended to the people of Tamil Nadu.
The natural gas pipeline will provide environmentally friendly and affordable fuel to fertilizer factories. So that farmers can get fertilizer at lower prices and the social of Tamil Nadu. "It simply came to our notice then. In addition, the 0.6 million metric tonne gasoline desulphurization unit is another major step in building a world-class infrastructure in the country. The unit will produce environmentally friendly gasoline and will be conducive to a pollution-free environment, the Union Minister said. Said the chief.
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