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NEWS & EVENTS


  • HPCL REFINERY AT PACHPADRA .

    The announcement of the HPCL refinery in Pachpadra has put a feather in the cap. Overall development of the area will directly & in-directly benefit us, as our Balotra plant is situated in the 3-4 kms vicinity of the upcoming HPCL refinery. Also it provides us huge opportunities to develop our land bank of 250 acres, which is situated just 15 kms from the refinery site. Here are some news clippings:

    THE TIMES OF INDIA, JAIPUR: The much-awaited refinery-cum-petrochemical complex in the state will come up at Pachpadra in Barmer district. Hindustan Petroleum Corporation Limited (HPCL) after evaluating the two proposed locations of Leelala and Pachpadra, have zeroed in on the latter. The foundation stone laying ceremony will take place in July and is expected to be attended by UPA chairperson Sonia Gandhi.

    The foundation-laying of HPCL's Rs 37,230-crore refinery-cum-petrochemical project at Pachpadra in Barmer will be done by UPA chairperson Sonia Gandhi, union petroleum minister Veerappa Moily, MoS, petroleum, Panbanka Lakshmi and CM Ashok Gehlot. The project is said to put Barmer, once the most industrially backward district in country, on equal footing with Dubai and Abu Dhabi.

    According to CM Ashok Gehlot, the project is expected to bring an overall investment of Rs 60,000-70,000 crore in the area. Meanwhile, Thar Desert has already touched a new milestone by crossing the 1.80 lakh barrels of oil per day production mark from Cairn India-operated Barmer oil wells. The state government is getting average revenue of Rs 17 crore per day against royalty and CST for the oil production. He said that this refinery will have a unique identity of being the only refinery with petrochemical complex incorporated in it and to be fed entirely by the crude oil produced in Barmer district at Cairn India facility.

    He also attributed the refinery in the region as a revolutionary step towards employment generation in the region ushering in prosperity. Referring to the youth, he said that companies, which will be established will train them. "We will train them and provide them stipend during training to ensure employment in ancillary industries," he said. e.