The BJP-Shiv Sena alliance has impacted the India-Saudi-UAE deal for setting up a refinery at Ratnagiri in Maharashtra. The setback comes ahead of Crown Prince Md Bin Salman’s two day visit to India from Tuesday. The government will now scout for alternative site for the proposed refinery.
Shiv Sena has been opposing the project, arguing that it would hurt the local farmers in the coastal region. Last year, thousands of farmers marched to Mumbai to protest against the refinery and the petrochemical project.
Saudi Aramco and Abu Dabhi National Oil Co (ADNOC) will together hold 50% stake in the 60 MTPA refinery and an adjacent 18 MTPA petrochemical complex. Aramco and ADNOC will have the marketing rights for half of the fuel produced by the planned $44-billion
