Union Minister orders techno-economic feasibility examine to arrange petrochemical advanced in Vidarbha

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Union Minister of Petrochemicals Dharmendra Pradhan has agreed to arrange a techno-economic feasibility examine to arrange a petrochemical advanced in Vidarbha.

Pradhan tweeted concerning the subject after a gathering with former Chief Minister Devendra Fadnavis, who led a delegation of the Vidarbha Economic Development (VED) Council to fulfill Pradhan in New Delhi on Tuesday.

“It is always a pleasure to meet former CM and LOP Shri Devendra Fadnavis in Maharashtra Legislative Assembly. We discussed setting up a petrochemical-cum-refinery complex in Vidarbha region of Maharashtra, to generate employment and economic growth opportunities in the state,” Pradhan tweeted.

Though Pradhan’s tweet didn’t point out techno-economic feasibility examine, Fadnavis later informed the information company years In Delhi, “I met Pradhan at this time (Tuesday) together with the VED Council delegation. The minister was very constructive about the opportunity of organising a petrochemical advanced in Vidarbha. When we gave them a presentation about it, they instantly issued an order for a techno-economic feasibility examine. I’m positive such a campus might be arrange (in Vidarbha) and the minister was additionally satisfied about it.

Ved Parishad President Shivakumar Rao informed Indian Express, “We have been campaigning for a refinery in Vidarbha for the previous a number of years. A refinery will not be doable, however the opportunity of a petrochemical advanced in Vidarbha is proposed to be thought of and a techno-economic viability Study has additionally been ordered.

Rao additional mentioned, “The authorities already has plans to arrange 15 petrochemical complexes throughout the nation. If the challenge is discovered viable after the examine, the federal government could arrange one in Vidarbha, he added.

When requested the place the campus can be inbuilt Vidarbha, Rao mentioned, “It can be built near Nagpur along the Samruddhi highway being built between Nagpur and Mumbai. In this, gas will have to be brought through a pipeline along the highway from Bombay High to Vidarbha. Various production units in the complex will use the gas as a raw material for the production of polymers, which will be used to manufacture various plastic items. This will give a boost to medium and small enterprises and will help in the development process of Vidarbha. It will also create huge employment.”

When requested why the VED Council felt that it was prudent and cost-beneficial to convey gasoline from Mumbai to Nagpur as an alternative of organising a petrochemical advanced someplace close to Mumbai, Rao mentioned, “It makes economic sense as the products are manufactured Happens nearby. Mumbai will have to be taken to different parts of the country at huge transportation cost. If manufactured in Nagpur, they would be transported to different parts of central India at very low cost. This is the reason why the government is planning to set up 15 such complexes across the country. Otherwise, such a complex would have been conceived only near a place of gas production.”

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With inputs from TheIndianEXPRESS

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