Bhubaneswar, Jan 4: Union Petroleum and Natural Gas and Steel Minister Dharmendra Pradhan on Monday flagged off indigenously manufactured critical components from L&T’s Hazira manufacturing facility to Indian Oil’s mono-ethylene glycol (MEG) plant coming up at the refinery-cum-petrochemical complex at Paradip in Odisha.
“Flagged-off indigenously manufactured critical components from L&T’s Hazira manufacturing facility to Indian Oilcl’s MEG (mono-ethylene glycol) plant coming up at the refinery-cum-petrochemical complex at Paradip in Odisha,” tweeted Pradhan.
The Minister mentioned that delivery of the three super critical equipment—Ethylene Oxide Reactor, Wash Tower & De-ethylenizer- will be a significant stride in the commissioning of the MEG project at Paradip refinery. It will help reduce MEG imports and also enhance the competitiveness of the refinery, he said.
“It will also act as a driver for the growing textiles industry in Odisha, fuel several downstream textile and polymer industries in the region, strengthen Make in India and also meet the entire MEG requirement for the proposed Textile Park at Bhadrak and Dhamra,” he asserted.
Pradhan said the MEG project being setup with an investment of Rs 5,654 crore is expected to be commissioned in October, 2021. It will boost large-scale employment generation in the textile sector, including creation of 14,000 job opportunities in the downstream units at Bhadrak and Dhamra alone, he said.
“In line with the spirit of Atmanirbhar Bharat and the vision of Purvodaya, this day will act as a force multiplier in establishing Paradip as a hub of petroleum, textiles and petrochemical-based industries and ushering in unprecedented opportunities for the development of Odisha,” he added.