On the occasion of this, PM Modi will hand over the Ramanathapuram-Thoothukudi natural gas pipeline and gasoline desulphurization unit at Chennai Petroleum Corporation Limited, Manali, to the nation.
Narendra Modi, Prime Minister of India, via video conferencing, will dedicate the project to the nation and lay the foundation of critical oil and gas projects in Tamil Nadu on February 17, 2021, at 4:30 PM.
He will also set the foundation stone of the Cauvery Basin Refinery at Nagapattinam.
In a statement, PM Modi said that "these projects will result in substantial socio-economic benefits and will boost the country’s march towards Urja Aatmanirbharta. Governor and Chief Minister of Tamil Nadu, and Union Minister for Petroleum and Natural Gas will also be present on the occasion."
The Ramanathapuram – Thoothukudi section (143 km) of the Ennore- Thiruvallur- Bengaluru- Puducherry- Nagapattinam- Madurai- Tuticorin Natural Gas Pipeline laid at the cost of about Rs. 700 crores. Such investment will help the nation use gas from ONGC Gas fields and deliver natural gas as feedstock to industries and other commercial customers.
The government has invested 500 Crores in the Gasoline Desulphurisation Unit's development and construction at Chennai Petroleum Corporation Limited (CPCL), Manali. The plant will produce low sulfur (less than 8 ppm) and produce environment-friendly gasoline, reduce harmful emissions, and maintain a clean environment.
The Cauvery Basin Refinery to be set up at Nagapattinam will have 9 million metric tonnes per annum. The project will be set through a Joint Venture of IOCL and CPCL at an estimated Rs project cost of around 31,500 crores. It will produce Motor Spirit and Diesel meeting BS-VI specifications and Polypropylene as a value-added product.