GAIL to build Maharashtra ethane cracker at Rs 400 bn
OIL & GAS

GAIL to build Maharashtra ethane cracker at Rs 400 bn

GAIL (India), the leading gas supplier in the country, plans to construct an ethane cracker worth Rs 400 billion near its liquefied natural gas (LNG) import plant in Maharashtra, according to two insiders with direct knowledge of the matter.

The move aims to meet the anticipated surge in demand as Indian companies boost their petrochemical production capacity due to the expanding economy, requiring more goods ranging from plastics to paints and adhesives.

A cracker produces ethylene, which is necessary for producing products such as plastics. By 2040, the demand for petrochemicals is predicted to triple, necessitating significant investments to establish new facilities throughout the country, according to estimates by top refiner Indian Oil. GAIL is looking for land in the coastal region of Dabhol in Maharashtra for the 1.5 million tonne per year cracker project and intends to import ethane from the US for the scheme.

The company is also exploring the possibility of acquiring land in Madhya Pradesh, which borders Maharashtra, if a deal in Dabhol fails to materialise. The proposed dual-feed cracker will also have the ability to crack up to 40% liquefied petroleum gas (LPG), allowing the option to switch to a less expensive feedstock to maximise margins.

India's per capita petrochemical consumption is around one-third of the global average, with Asia's third-largest economy consuming 25 million to 30 million tonne of petrochemicals annually.

Also read:
Tata Power’s TP Saurya signs solar project in Rajasthan
Rajasthan seeks bids for KUSUM Program-Eligible 452 MW solar projects


GAIL (India), the leading gas supplier in the country, plans to construct an ethane cracker worth Rs 400 billion near its liquefied natural gas (LNG) import plant in Maharashtra, according to two insiders with direct knowledge of the matter. The move aims to meet the anticipated surge in demand as Indian companies boost their petrochemical production capacity due to the expanding economy, requiring more goods ranging from plastics to paints and adhesives. A cracker produces ethylene, which is necessary for producing products such as plastics. By 2040, the demand for petrochemicals is predicted to triple, necessitating significant investments to establish new facilities throughout the country, according to estimates by top refiner Indian Oil. GAIL is looking for land in the coastal region of Dabhol in Maharashtra for the 1.5 million tonne per year cracker project and intends to import ethane from the US for the scheme. The company is also exploring the possibility of acquiring land in Madhya Pradesh, which borders Maharashtra, if a deal in Dabhol fails to materialise. The proposed dual-feed cracker will also have the ability to crack up to 40% liquefied petroleum gas (LPG), allowing the option to switch to a less expensive feedstock to maximise margins. India's per capita petrochemical consumption is around one-third of the global average, with Asia's third-largest economy consuming 25 million to 30 million tonne of petrochemicals annually. Also read: Tata Power’s TP Saurya signs solar project in Rajasthan Rajasthan seeks bids for KUSUM Program-Eligible 452 MW solar projects

Next Story
Infrastructure Energy

Samridh, CEID Launch High-Capacity Biogas Plant in Moradabad

Samridh Bioenergy has broken ground on a 12 TPD compressed biogas (CBG) plant in Moradabad, Uttar Pradesh, under the MNRE’s National Bioenergy Programme. Spread across 12 acres, the plant will process 270 tonne of organic waste daily and generate 30,000 cubic metre of biogas per day.CEID Consultants and Engineering Pvt Ltd has been appointed as the EPC contractor, responsible for the complete design, procurement, and construction of the plant. Equipped with four multi-feed digesters, the facility will accept a mix of press mud, cow dung, chicken litter, and vegetable waste, supporting contin..

Next Story
Real Estate

Delhi Micro-Markets Drive Up Housing Prices: Grihum Study

A new study by Grihum Housing Finance reveals that the rise of micro-markets across Delhi-NCR is fuelling real estate price appreciation, especially in the affordable housing segment. Key drivers include renewed post-pandemic interest, migration trends, and government schemes like PMAY.According to the study, over the past two decades, floor rates have risen 267 per cent, from Rs 1,500 per sq ft in 2005 to Rs 5,500 in 2024. In the same period, land rates surged 492 per cent, from Rs 1,300 to Rs 7,700 per sq ft. The sharp increase highlights strong capital appreciation in Delhi’s emerging loc..

Next Story
Resources

Covestro Develops PCR Polycarbonates from End-of-Life Headlamps

Materials manufacturer Covestro has launched post-consumer recycled (PCR) polycarbonates made from end-of-life automotive headlamps, in a move aimed at strengthening circularity in the auto industry. These TÜV Rheinland-certified grades, containing 50 per cent recycled content, are now commercially available for new automotive applications.Developed under a joint programme led by GIZ, with Volkswagen and NIO as key partners, the recycled material is currently being validated for use in future vehicle models.""This new line of polycarbonate represents a significant step in supporting the autom..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?