{"id":13837,"date":"2025-04-09T07:42:36","date_gmt":"2025-04-09T07:42:36","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=13837"},"modified":"2025-04-09T07:42:36","modified_gmt":"2025-04-09T07:42:36","slug":"indian-oil-to-invest-%e2%82%b961000-crore-in-paradip-petrochemical-comple","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/13837\/","title":{"rendered":"Indian Oil to Invest \u20b961,000 Crore in Paradip Petrochemical Comple"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\"><p><span class=\"pre-content-text\"><a style=\"color: #0038a8;\" href=\"https:\/\/roydadnaft.ir\/English\/\">RoydadNaft &#8211; <\/a><\/span>\u00a0Indian Oil Corporation is set to invest \u20b961,000 crore to establish a state-of-the-art petrochemical complex at Paradip in Odisha. The announcement was made following the signing of a preliminary agreement between Indian Oil and the Odisha government during the Odisha Investors\u2019 Meet held in New Delhi on Tuesday.<\/p>\n<p data-reader-unique-id=\"3\"><span data-reader-unique-id=\"4\">Describing it as the company\u2019s \u201clargest-ever investment at a single location,\u201d Indian Oil emphasized the strategic importance of the project. The corporation already operates a 15 million tonnes-per-year refinery at Paradip, and the new complex will significantly enhance the region\u2019s industrial capabilities.<\/span><\/p>\n<p data-reader-unique-id=\"5\"><span data-reader-unique-id=\"6\">The proposed petrochemical complex will feature a dual-feed cracker along with associated downstream units, enabling the production of a wide spectrum of petrochemicals such as Phenol, Polypropylene (PP), and Isopropyl Alcohol (IPA).<\/span><\/p>\n<p data-reader-unique-id=\"8\"><span data-reader-unique-id=\"9\">Union Education Minister <\/span><span data-reader-unique-id=\"10\">Dharmendra Pradhan<\/span><span data-reader-unique-id=\"11\">, also a Member of Parliament from Odisha, highlighted the state\u2019s growing prominence in the energy sector. \u201cWith petroleum sector investments of more than \u20b92.04 lakh crore in the last decade, Odisha is on course to become one of the most important hubs of energy transition in the world,\u201d he stated.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p data-reader-unique-id=\"19\"><span data-reader-unique-id=\"20\"><span data-reader-unique-id=\"21\">Indian Oil to Invest \u20b961,000 Crore in Paradip Petrochemical Complex <\/span>Odisha Chief Minister <\/span><span data-reader-unique-id=\"22\">Mohan Charan Majhi<\/span><span data-reader-unique-id=\"23\"> noted that the petrochemical project will serve as a major catalyst for industrial growth and employment generation across the state.<\/span><\/p>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2025-04-09T07:42:36+00:00\"> 9 April 2025<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"Indian Oil Corporation plans to invest \u20b961,000 crore in a petrochemical complex in Odisha, following a preliminary agreement with the Odisha government.","protected":false},"author":1,"featured_media":13838,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[47,46,36,19,21,35],"tags":[],"services":[],"class_list":["post-13837","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-international","category-lastnews","category-news","category-petrochemical","category-topnews"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/13837","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=13837"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/13837\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/13838"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=13837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=13837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=13837"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=13837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}