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Haldia Petrochemicals Signs MoU To Set Up Refinery/Petrochemical Project In Kakinada SEZ, AP
2019-01-04 Announcements Chemicals & Petrochemicals Southern India
TCG Group’s flagship company Haldia Petrochemicals Limited has chosen Kakinada SEZ to set up their Rs. 60,000 crore Refinery and Petrochemical Projects. A MoU was signed between GoAP and HPL in Kakinada. Haldia Petrochemicals Limited (HPL) is a competitive modern naphtha-based Petrochemical Complex at Haldia, West Bengal which is 125 km from Kolkata. The proposed refinery and Petrochemical project in Kakinada SEZ over the years is expected to generate around 5 lakh direct and indirect jobs. It will also provide a fillip to the Port, with significant liquid cargo traffic. GMR Group aims to develop the region on the lines of Jurong Industrial Cluster in Singapore and Houston of the United States.