GAIL to Invest in Petrochemical Unit in Madhya Pradesh
| Aspect | Details |
|---|---|
| News Headline | Gail to Invest in Petrochemical Unit in Madhya Pradesh |
| Investment Amount | Rs 50,000 crore |
| Location | Sehore, Madhya Pradesh |
| Unit Capacity | 1.5 million tonnes per annum (MTPA) ethane cracking unit |
| Purpose | To meet domestic demand for petrochemicals, projected to reach USD 1 trillion by 2040. |
| Current Ethane Importer | Reliance Industries (1.5 MTPA) |
| Gail's Existing Capacity | 810 thousand tonnes per annum (KTA) at Pata, Uttar Pradesh |
| Project Timeline | Expected to be operational in 5-6 years |
| Feasibility Report | Prepared by Engineers India Ltd |
| Initial Considered Locations | Aurangabad or Dabhol, Maharashtra |
| GAIL Overview | Indian state-owned energy corporation |
| Founded | August 1984 as Gas Authority of India Ltd. |
| Maharatna Status | Conferred on 1 February 2013 |
| Primary Interests | Trade, transmission, and production distribution of natural gas |