Central Committee clears chemical hub in Nayachar, West Bengal
The high-powered committee set up by the central government on PCPIR (petroleum, chemical and petrochemical investment region) has given an approval for the proposed PCPIR being set up in West Bengal.
The PCPIR will cover Nayachara island and adjoining areas of Haldia. Indonesia's Salim Group, Delhi-based realty firm Unitech Ltd and Universal Success floated by NRI entreprenuer Prasoon Mukherjee will set up a chemical hub at the Nayachara island.
Indian Oil Corporation will be the anchor investor at the chemical hub for which it has signed an agreement with the Bengal government.
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