Prime Minister Narendra Modi on Saturday will launch the country’s first integrated refining and petrochemical complex at Pachpadra in Rajasthan’s Balotra district on Saturday.
The Prime Minister will also lay the foundation stone for the city $13,037.66 Crores Jaipur Metro Project Phase II.
The refinery and petrochemical complex, developed by HPCL Rajasthan Refinery Limited (HRRL), is one of the largest energy infrastructure projects in the country.
Built with a total investment of $The Rs 79,459-crore project is a joint venture between HPCL, which has a 74 per cent stake, and the Rajasthan government with a 26 per cent stake.
With an annual crude processing capacity of 9 million metric tons per annum and an integrated petrochemical capacity of 2.4 million metric tons per annum, the refinery is expected to significantly enhance India’s energy security, reduce dependence on imports of petrochemical products and position Rajasthan as a major petrochemical manufacturing hub.
The refinery has already begun producing petroleum products from crude oil. The project will manufacture gasoline, diesel, aviation turbine fuel, polypropylene, butadiene and many other petrochemical products for local consumption and export.
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The refinery is designed to process a blend of Rajasthan crude and imported crude oil, and has a Nelson Complexity Index (NCI) of 17.0, making it among the most advanced refining facilities in the world. It also has a petrochemical yield exceeding 26%, which reflects high operational efficiency and global standards of sustainability.
It was originally announced in 2013 with an estimated cost of the project $It was restructured and relaunched by Prime Minister Modi in 2018 at a revised cost of Rs 37,230 crore. $Rs 43,129 crore. The cost of the project has since increased to $79,459 crore due to expansion and integration of petrochemical facilities.
The refinery was initially scheduled to open on April 21 this year, but the program was postponed after a major fire broke out in the Crude Distillation Unit (CDU), one of the most important processing units at the refinery, a day before the proposed visit of the Prime Minister. After repairs, safety checks and operational tests, the multiprocessing units resumed operations and commercial production began.
Before the inauguration, Rajasthan Chief Minister Bhajan Lal Sharma reviewed the preparations and described the refinery as a project that will make Rajasthan a vital pillar of India’s energy security while accelerating industrial growth and investment in the state.
Jaipur Metro Project Phase 2
Besides inaugurating the refinery, Prime Minister Modi will virtually launch the 41 km Jaipur Metro Phase 2 project, which is estimated to cost $13,037.66 crore.
The foundation laying ceremony will be broadcast live at Sawai Man Singh Stadium in Jaipur, where a district-level Rozgar Utsav will also be organised.
About 4,000 newly appointed employees from various government departments will receive appointment letters during the program.
