GAIL to invest for new polypropylene complex in Maharashtra

16 May 2019 Evaluate

GAIL (India) has approved revival of existing LPG Plant at Usar, District Raigad, Maharashtra and converting it into 500 KTPA Polypropylene complex with an estimated investment of Rs 8800 crore. This is first of its kind project in India which would be using Propane Dehydrogenation technology for production of Propylene integrated with the downstream Polypropylene Unit. The project is expected to be commissioned by FY 2023- 24. The Project is proposed to be financed with mix of internal generations and external debts.

GAIL India is India’s principal Natural Gas Company with activities ranging from Gas Transmission and Marketing to Processing (for fractionating LPG, Propane, SBP Solvent and Pentane); transmission of Liquefied Petroleum Gas (LPG); production and marketing of Petrochemicals like HDPE and LLDPE and leasing bandwidth in Telecommunications.

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181.50 1.25 (0.69%)
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