By Our Correspondent
BHUBANESWAR/PARADIP: Union PNG-Steel Minister Dharmendra Pradhan on Monday said that the MEG project being setup with an investment of ₹5,654 crore is expected to be commissioned in October, 2021. It will boost large-scale employment generation in the textile sector,including creation of 14,000 job opportunities in the downstream units at Bhadrak & Dhamra alone.
In line with the spirit of #AatmaNirbharBharat and the vision of #Purvodaya, this day will act as a force multiplier in establishing Paradip as a hub of petroleum, textiles & petrochemical-based industries and ushering in unprecedented opportunities for the development of Odisha, he said.
Pradhan flagged-off indigenously manufactured critical components from L&T’s Hazira manufacturing facility to Indian Oil Corporation Ltd.’s MEG (mono-ethylene glycol) plant coming up at the refinery-cum-petrochemical complex at Paradip in Odisha.
Delivery of the 3 super critical equipment—Ethylene Oxide Reactor, Wash Tower & De-ethylenizer will be a significant stride in the commissioning of the MEG project at Paradip refinery. It will help reduce MEG imports and also enhance the competitiveness of the refinery.
It will also act as a driver for the growing textiles industry in Odisha, fuel several downstream textile and polymer industries in the region, strengthen #MakeInIndia and also meet the entire MEG requirement for the proposed Textile Park at Bhadrak and Dhamra.