Centre ready to grant PCPIR to West Bengal
The government on Friday said it was ready to accord a petrochemicals, chemicals and petroleum investment region (PCPIR) to West Bengal.
By PTI |
KOLKATA: The government on Friday said it was ready to accord a petrochemicals, chemicals and petroleum investment region (PCPIR) to West Bengal.
Although setting up a PCPIR required an area of 250 square kilometres, the Centre was ready to accord the status to Nayachar-Haldia combine which was only 164 square kilometres, Minister for Chemicals and Fertilisers Ram Vilas Paswan told reporters.
The West Bengal government has drawn up plans to set up a PCPIR on Nayachar island off the Haldia coast in East Midnapore for which it had approached the Centre.
Indian Oil Corporation has agreed to be the anchor investor for the project.
Although setting up a PCPIR required an area of 250 square kilometres, the Centre was ready to accord the status to Nayachar-Haldia combine which was only 164 square kilometres, Minister for Chemicals and Fertilisers Ram Vilas Paswan told reporters.
The West Bengal government has drawn up plans to set up a PCPIR on Nayachar island off the Haldia coast in East Midnapore for which it had approached the Centre.
Indian Oil Corporation has agreed to be the anchor investor for the project.
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
