Essar Group to invest Rs 400 billion in petrochemical complex
Leading energy sector firm Essar Group has plans to set up a Rs 400 billion rupee petrochemical complex in Odisha. The proposed oil to petrochemical complex will have an annual capacity of 7.5 million tonnes.
Essar group also plans to set up a 14 million tonne-a-year export-oriented pelletizing complex in Odisha, at an investment of 120 billion rupees and with a 250-kilometer slurry pipeline.