Thursday, September 20, 2007

Gail India - Feedstock Supply Agreements For Assam Gas Cracker Project Signed GAIL Assures Full Supp

Gail India Ltd has announced that the Feedstock Supply Agreements for the Rs 5460 crore, 2,80,000 TPA gas cracker plant being set up at Lepetkata, Dibrugarh, Assam were signed in Dibrugarh on September 19, 2007. The Gas Supply Agreement was signed between Brahmaputra Cracker and Polymer Ltd (BCPL), and Oil India Ltd and Naphtha Supply Agreement was signed between BCPL and Numaligarh Refineries Ltd (NRL). The Feedstock Supply Agreements were signed by Shri R K Kashyap, Chief Operating Officer, BCPL, Shri N M Bora, Director (Operations), OIL and Shri D Chakraborty, Director (Technical), NRL in the presence of Shri B K Handique, Honble Union Minister of State for Chemicals, Shri Prithibi Majhi, Honble Minister for Planning & Development, Government of Assam, and Dr. U D Choubey, CMD of the Company and Chairman, BCPL. Other dignitaries present on the occasion were Shri S Sonowal, Principal Secretary to the Government of Assam, Shri M R Pasrija, Chairman and Managing Director, OIL, Shri A K Purwaha, Director (Business Development) of the Company, Shri R K Graver, Director (Projects), EIL and Shri S. Bhujbal, Director, Ministry of Chemicals and Fertilizer, Government of India along with other senior officials of the respective companies and the State Government.
The signing of Feedstock Supply Agreements is a major milestone in the execution of the project. Government of Assam has handed over 890 acres of land for the project and BCPL has acquired necessary Environmental and Pollution clearances.
Speaking on the occasion, Dr. U D Choubey, CMD of the Company and Chairman, BCPL said that the Company was committed to ensure project success and pre-project activities have already been initiated. The most recent development has been the appointment of Engineers India Limited (EIL) as the Project Management Consultant (PMC) for the project, he added.

1 comment:

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