Home » IOC says Paradip project attains 90% progress

IOC says Paradip project attains 90% progress

IOC says Paradip project attains 90% progress

MM Vijaywargiya, Executive Director of Indian Oil Corporation (IOC) informed reporters that the Paradip Refinery Project (PDRP) achieved about 90 per cent progress so far and is expected to be commissioned in phases from September, 2013.

Once commissioned, the refinery could produce 5.97 mn t diesel, 3.4 mn t petrol, 1.45 mn t kerosene, 536,000 ton LPG, 124,000 ton naphtha and 335,000 ton sulphur, all of which would be sold in the domestic market.

It is learnt that by September, the firm may commission the first phase of the 15 mn tpa project. So far, the firm used Rs 29,309 crore for the project, out of an approved allocation of Rs 29,777 crore and all major equipment have been installed, he said.

Owing to various reasons the project got delayed and IOC has now been able to overcome most of the obstacles giving momentum to the work at the site.

Shortage of manpower has also affected the schedule of the project. Against a total manpower requirement of 49,000, only 30,000 was available at the project site. Apart from labour-related issues, delay in commissioning the captive power plant and laying of water pipelines from Mahanadi to PDRP had also delayed the project.

Referring to environment issues, Vijaywargiya said a green cover with five lakh trees and other measures have been initiated. The project authorities have earmarked Rs 171 lakh in 2012-13 for periphery area development.

Leave a Reply