GAIL (India) approved the revival of the existing LPG plant in Usar, Maharashtra and converting it into polypropylene (PP) complex.
The planned capacity of the PP complex is 500,000 metric tonnes per annum and will be built with an estimated investment of $ 1.2 billion (Rs 8800 crore), as stated in Business Standard news article.
This is India’s first such PP complex which would be using Propane Dehydrogenation (PDH) technology for production of propylene integrated with the downstream polypropylene unit.
The PP complex is expected to be commissioned by FY 2023-24. The Project is proposed to be financed with mix of internal generations and external debts.
About GAIL: GAIL (India) Limited operates in India and abroad as a natural gas transmission company. It was founded in 1984 and is based in New Delhi, India. The company operates in segments such as Transmission Services, Natural Gas Marketing, Petrochemicals, LPG and Other Hydrocarbons of Liquid, and Other. It is involved in power transmission, distribution, and marketing of natural gas, distribution of city gas, fertilizer, and other sectors. The company also sources, markets, and trades liquefied natural gas (LNG); markets liquefied petroleum gas (LPG), propane, pentane, naphtha, MFO, propylene, and hydrogenated C4 mix; and manufactures petrochemicals such as high-density polyethylene and low-density linear polyethylene.
