Status of IOL refinery at Paradeep
IOC, Jagatsinghpur, Paradip - Jatadhari - Kujanga, Petrochemicals, Refinery March 30th. 2008, 3:43pmFollowing is an excerpt from a report in Pioneer.
Indian Oil Corporation (IOL)’s Chairman S. Beuria called on Chief Minister Naveen Patnaik on Saturday at Orissa Bhawan in New Delhi and appraised him about the progress on 15 MMTPA Paradip- refinery -cum- aromatic complex.
He indicated that approximately Rs 1,254 crore had already been spent on the project.
“Due to cost and time overruns, the project cost is likely to go up to Rs 46,000 crore and the project will take 42 months to get completed,” he said.
He further indicated that they have already received environmental clearance from the Union Ministry of Environment and Forest. Construction of water and power supply system has also been completed. The work of dredging and reclamation of land is under progress.
Beuria informed Patnaik that the seven year- holiday available under Section 51-B will be withdrawn effective from April 1, 2009 It would affect the viability of the project.
… Patnaik asked the Beuria to take up the peripheral development works for the benefit of the project affected people of Jagatsinghpur district.
May 29th, 2008 at 12:15 pm
The center does it again to Odisha! IOC plans to shelve the Paradeep petrochemicals project.
I wonder what will happen to the planned PCPIR at Paradeep now.
http://www.dnaindia.com/report.asp?newsid=1167131
November 14th, 2008 at 2:43 am
IS THERE ANY SCOPE OF RECRUITMENT AS WE THE ORISSA PEOPLES ARE WORKING OUTSIDE THE ORISSA?
WHAT IS THE STEPS TAKEN BY THE COMPANY TO WELLCOME THE LOCAL TALLENTS FROM OUTSIDE?
Regards
Samir Sahoo
Dredging & Reclamation Engg
January 18th, 2009 at 1:51 pm
The process of recruitment for the posts of Refinery Operator (where the minimun qualification is diploma in engg.) should be made through local/state Employememnt Excahnge only.