Opportunities in chemicals and petrochemicals-II: Information on PCPIRs – 21 Jun 2016

What is the latest status on the four Petroleum, Chemical and Petrochemical Investment Regions (PCPIRs) in the states of Andhra Pradesh (Vishakhapatnam), Gujarat (Dahej), Odisha (Paradeep) and Tamil Nadu (Cuddalore and Nagapattinam)?
--All of them have areas of around 250 sq. km. each. Once fully established, these PCPIRs are expected to attract investments to the tune of a massive Rs 7,63,234 crore.
--As of now, investments worth Rs.1,60,443 crore  have been made.
--Find out more about these PCPIRs and their anchor investors and the possibility of attendant business development opportunities in them.
--One anchor tenant, Nagarjuna Oil Corporation Limited (NOCL), even though it is plagued by financial problems, is planning to extend the capacity of its refinery from 6 MMTPA to 12 MMTPA.
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