Chennai: Chennai Petroleum Corporation Limited (CPCL) along with Indian Oil Corporation has announced the commencement of project activities for the Rs 31,580 crore worth refinery project at nine million metric tonne per annum capacity, at the Nagapattinam district in Tamil Nadu, on Wednesday. The grass root refinery project is expected to be completed in a period of 45 months.
Procurement and engineering activities for the project have already commenced and site activities will now gain momentum, a press statement said. Earlier this month, the TN chief minister MK Stalin had handed over the Government Order (GO) for acquisition of 606 acres of land parcel adjoining the existing refinery site, at Nagapattinam to SM Vaidya, Chairman, IOCL.
