Tag Archives | Andhra Pradesh

Empty promises

The 100-day fever is fast spreading and the Ministry of Chemicals & Fertilisers is the latest casualty. A very bland press release outlining what the ministry plans to achieve over the next three months has come my way. I started reading the release with a great deal of scepticism and was convinced at the end […]

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Kakinada attracts GMR

Oil and Natural Gas Corp’s (ONGC) Kakinada project continues to attract investors despite questions about its viability. The GMR group is the latest and is reported to have formally expressed interest in taking a stake in the refinery and petrochemical project. The board of Kakinada Refinery and Petrochemicals (KRPL) is due to meet today to […]

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Kakinada & Nayachar: back on popular demand

A new year brings in new resolutions and this time around ONGC appears to have recommitted itself a refinery project in Kakinada, Andhra Pradesh, despite doubts about its viability. And over in West Bengal, the state government is determined to move ahead with a chemical hub at Nayachar. ONGC’s resolution, however, appears to be a […]

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Kakinada revisited

A few months back I had referred to an article in the Indian press which raised doubts on the economic viability of ONGC’s refinery and petrochemicals project at Kakinada, Andhra Pradesh. A few readers have posted comments arguing that the project is good for the local economy and should go ahead. I have no doubts […]

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Preparing for the future

I am back from the first Asian Chemical and Petrochemical Conference with lots of information on the Indian chemicals industry that I plan to share in the coming days. The conference, jointly organised by ICIS and the Indian Chemical Council (ICC) at Mumbai, saw over a 100 delegates from India and overseas. For the first […]

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Kakinada project in doubt

Will ONGC abide by the findings of a pre-feasibility study which questions the commercial viability of its refinery project at Kakinada in Andhra Pradesh? The project comprises a 15m tonnes/year refinery and a 400,000 tonnes/year polypropylene (PP) facility. The study shows that the project faces poor profitability unless it receives heavy fiscal benefits. This is […]

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