GAIL Unveils INR 60,000 Crore Ethane Cracker Megaproject in Madhya Pradesh

Riya Fernandes Jun 11, 2024 0

GAIL India Ltd. has announced a significant investment of INR 60,000 Crore in setting up a 1500 KTA Ethane Cracker Project in the Astha district of Madhya Pradesh. The MP Industrial Development Corporation will allocate approximately 800 Hectares of land, a process that the state government has already initiated.

The company has proposed to the State Government to provide adequate enablers for the project. It is anticipated to break ground in February 2025, with production beginning in 2030–31. Gail intends to import ethane for the project and has signed an MoU with ONGC and Shell Energy.

Also Read: Hindustan Coca-Cola Beverages Manufacturing Plant, Khed, Maharashtra

This ambitious project seeks to produce 1.5 million tonnes of ethane per year (MTPA), a critical feedstock for producing petrochemicals like plastics, adhesives, and synthetic rubber. GAIL’s new facility will meet the strong domestic demand for petrochemicals, which is expected to nearly triple to USD 1 Trillion by 2040.


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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information as well as opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.

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