Assam based Numaligarh Refinery Limited (NRL) stated that it is has received environmental clearance from the Ministry of Environment, Forest & Climate Change for the Refinery Expansion Project.
NRL is planning to ramp up its capacity from 3 to 9 MMTPA (million metric tonnes per annum).
The 27th Annual General Meeting of NRL was held on Monday, through online web conference, keeping in view the current pandemic of COVID-19. The Meeting was presided over by D. Rajkumar, Chairman and Managing Director-Bharat Petroleum Corporation Limited (BPCL) and Chairman-NRL and was attended by S K Barua, Managing Director NRL.
The company stated that its focus is primarily on three major ongoing projects namely the Refining Capacity Expansion Project, Indo-Bangladesh Friendship pipeline (IBFPL) and Bio Refinery Project; which have gained momentum and recorded definitive progress.
The company stated NRL has recently been accorded the Environmental clearance from the Ministry of Environment, Forest & Climate Change for the Refinery Expansion Project on 27th July 2020, which would be the zero date for the Project.
M/s SBI Capital Markets Limited, Mumbai has been appointed for debt syndication of Rs. 151.02 billion for Refinery Expansion Project. Lining up of technical management consultant for Refinery Expansion Project, EPCM for pipeline project, licensors for fluid catalytic cracking gasoline desulphurisation Unit (FCC-GDS) and motor spirit (MS) block and allocation of 200 acres of land to set up crude oil terminal in Paradip are other significant developments in implementation of the integrated mega refinery expansion project.
The 130 km Indo-Bangla Friendship Pipeline (IBFPL) for exporting NRL products from the Siliguri Marketing Terminal to Bangladesh is progressing well.
Also, the country’s first 2G bamboo based bio refinery being executed through a JV with Finnish collaborators has recorded adequate progress on ground.
MD NRL Mr. S K Barua said, "Stringent monitoring of the aforesaid projects taking into consideration lockdowns, travel restrictions, logistic disruptions and migrant worker availability will be critical to ensure their scheduled completion and commissioning."
