HMEL receives clearance for Petrochemical complex .
HPCL-Mittal Energy Ltd (HMEL) received green signal from India’s ministry of environments for the polymer addition project at its Guru Gobind Singh refinery and Petrochemical complex in Punjab.
The project is expected to be complete by April 2021 and will cost Rs 196.4 bn.
Units at the proposed petrochemical complex will include a 1.2m tonnes/year naphtha cracker, two linear low density polyethylene/high density polyethylene (LLDPE/HDPE) swing plants of 400,000 tonnes/year capacity each.
The petrochemical complex in Bhatinda will also house a 450,000 tonnes/year HDPE unit, a 500,000 tonnes/year polypropylene (PP) plant and a 55,000 tonnes/year butane-1 line.
Currently, the refining capacity of the company is 9m tonnes/ year which it aims to multiply by two folds and expand it to 18m tonnes/year.