IOCL plans to build petrochemical complex in Odisha, investment worth Rs 61,000 crore on cards
Government-owned Indian Oil Limited (IOCL) has plans to develop a major petrochemical complex in Odisha's Paradip. The firm has signed a preliminary pact with the state government of Odisha for a project that would take an investment of Rs 61,000 crore.
The complex would feature a dual-feed cracker and downstream units for producing petrochemicals like Phenol and Polypropylene.
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