Haldia Petrochemicals to invest in a Rs 78,000 crore hydrocarbon processing complex in Odisha
BHUBANESWAR: Odisha has cleared a Rs 78,225 crore investment proposal by Haldia Petrochemichals towards a hydrocarbon processing complex in Balasore, an official in the state’s industry department said.
The state’s single window system cleared the proposal. It will be given a go-ahead by the state’s High Level Committee chaired by Chief Minister Naveen Patnaik soon.
The project, which comprises a light crude refinery, aromatic complex and ethylene crackers complex, is an enhanced investment commitment from HPL, whose initial proposal of Rs 28,700 crore was cleared in March.
