Centre Keen to Set Up Petro Region in Mangaluru

The union minister for chemicals and fertilizers Ananth Kumar has said that Centre even planned to set up petrochemical regions in Odisha, AP and Tamil Nadu.

Published: 26th January 2015 12:28 AM  |   Last Updated: 26th January 2015 12:28 AM   |  A+A-


MANGALURU: The Centre is keen on setting up a Petroleum, Chemicals and Petrochemicals Investment Region here, Union Minister for Chemicals and Fertilisers Ananth Kumar has said.

Addressing a meeting after inaugurating a farm fair at Puttur near here yesterday, he said the Centre also proposed to set up such petrochemical regions in Odisha, Vishakapatnam in Andhra Pradesh, Nagapattinam in Tamil Nadu and Dahej in Gujarat with a Rs 10.50 lakh crore investment.

The projects were expected to provide employment to over 37 lakh people, he said. Kumar said the 400 km petro gas pipeline between Kochi and Mangaluru would be completed soon as the Kerala government has agreed to the proposal put up by Gas Authority of India

Limited, which was implementing the project. The minister said seven new fertiliser manufacturing units would come up in the country including one in Karnataka with a production capacity of 13 lakh tons.

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