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  • Category: Orissa Updates

    Production of Crude Petroleum from Coal : MoU between Zindal Group and Odisha Govt.

    An MOU is going to signed very soon between Zindal Group and Odisha Govt. for the production of Liquid Crude Petroleum, i.e. Petrol, Kerosene, Diesel and other petroleum products from Coal. Already the Govt. of Odisha has distributed Coal Mines for the said product. Rs. 60,000 Crores is going to be invested for the project. And the project will begin towards the end of year 2012. It will take 5 years to complete the project and for Commercial Production.

    This project is the one and only such kind of project of our Country. It is also alleged that the project will give 80,000 barrels of crude oil per annum. The project is waiting for the environmental approval from the Govt. If it happens, then it will much more helpful in the direction of search of Crude oil in India.
  • #1596
    Really it is a good information for us. Let us see, how the Odisha govt. handle it.

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