PM Modi today dedicated India’s first Greenfield Refinery in Pachpadra Rajasthan. The Integrated Refinery-Petrochemical Complex at Pachpadra in Rajasthan has been developed by HPCL at a cost of about Rs 79,450 crore and will not only ensure India’s Energy Security but give a huge fillip to industrial growth in Rajasthan.
With a capacity of processing 9 MMTPA (Million Metric Tonnes Per Annum) of Crude it will produce 2.4 MMTPA of Petrochemicals also. A joint venture between Hindustan Petroleum Corporation Limited (HPCL, 74%) and the Government of Rajasthan (26%), it is of great national significance. The Refinery is designed to produce advanced, BS-VI Compliant Fuels and reduce import dependency on Petrochemicals.
PM Modi while addressing the nation said the war-triggered global energy crisis severely affected diesel and petrol prices, with crude oil rising from around $70 to $120 per barrel and key import routes facing disruptions. He noted that many countries witnessed fuel price hikes of 40% to 50%, while some even introduced fuel rationing. Despite having limited domestic oil reserves, he said India did not face such a situation and ensured uninterrupted fuel availability throughout the crisis.
Prime Minister Narendra Modi thanked the people for their support during the crisis and said the government remained committed to ensuring that citizens did not suffer.
Prime Minister Narendra Modi thanked the people for their support during the crisis and said the government remained committed to ensuring that citizens did not suffer. He also thanked the people for their support. He further said no challenge can slow down the pace of New India. Atmanirbharta builds self confidence he opined.
Apart from the Refinery Petrochemicals Complex he inaugurated the Terminal Building of Jodhpur Airport and highlighted its importance in India’s Tourism and Commerce.Earlier he had launched Commercial Chip Production at OSAT facility in Sanand, Gujrat.
