Paradip Refinery is an
oil refinery set up by
Indian Oil Corporation
Indian Oil Corporation Limited (IOCL; d/b/a IndianOil) is a central public sector undertaking under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. It is headquartered in New Delhi. It is a public sector unde ...
in
Paradip city in the state of
Odisha. The installed capacity of refinery is 15 million
tonnes per year. This refinery is capable to produce high yield of
LPG and
propylene. The refinery can produce various petroleum products like
gasoline,
diesel
Diesel may refer to:
* Diesel engine, an internal combustion engine where ignition is caused by compression
* Diesel fuel, a liquid fuel used in diesel engines
* Diesel locomotive, a railway locomotive in which the prime mover is a diesel engin ...
,
kerosene,
aviation turbine fuel
Jet fuel or aviation turbine fuel (ATF, also abbreviated avtur) is a type of aviation fuel designed for use in aircraft powered by gas-turbine engines. It is colorless to straw-colored in appearance. The most commonly used fuels for commercial av ...
,
Propylene,
Sulphur
Sulfur (or sulphur in British English) is a chemical element with the symbol S and atomic number 16. It is abundant, multivalent and nonmetallic. Under normal conditions, sulfur atoms form cyclic octatomic molecules with a chemical formula ...
and
Petroleum Coke.
The refinery is also designed to produce total Premium quality Gasoline variants for export. This refinery is IndianOil’s first refinery with single Atmospheric Column for processing 15.0 Million Metric Tonnes Per Annum. The refinery is in a synergic partnership with the environment as this is a zero effluent discharge refinery and with strictly monitored and controlled stack emissions which are uplinked on real time basis to the server of
Central Pollution Control Board.
History
Paradip Refinery is IndianOil’s 11th Refinery. It was dedicated in the service of the nation by PM Shri
Narendra Modi on February 7, 2016. Envisioned as the Energy Gateway to Eastern India, the 15 million tonnes per year Refinery has been set up at an estimated cost of Rs. 52,555 crore. The foundation stone for the refinery was laid by former Prime Minister
Atal Bihari Vajpayee
Atal Bihari Vajpayee (; 25 December 1924 – 16 August 2018) was an Indian politician who served three terms as the 10th prime minister of India, first for a term of 13 days in 1996, then for a period of 13 months fr ...
in May 2002.
Commissioning
The refinery expected to start production in the third quarter of 2013. Due to delays the cost of refinery project has increased by 2.5%.It was finally inaugurated by Prime Minister
Narendra Modi on February 7, 2016.
The refinery is built at a cost of Rs 34,555 crore and can process dirty and heavy
crude oil
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude ...
from
Latin America.
The refinery sent out its first consignment of products comprising
diesel
Diesel may refer to:
* Diesel engine, an internal combustion engine where ignition is caused by compression
* Diesel fuel, a liquid fuel used in diesel engines
* Diesel locomotive, a railway locomotive in which the prime mover is a diesel engin ...
,
kerosene,
LPG on November 22, 2015.
At present the refinery is fully operational and is producing BS-VI complaint Fuel.
A petrochemical Complex comprising PP units, ERU-MEG Unit and PX-PTA Units are also coming up under the Petchem Complex
A Polypropylene Plant is also commissioned in FY 2019-20 in the refinery Premises and PP product is also being Produced.
ERU-MEG Unit is planned for commissioning in FY:2021-22.
PX-PTA PROJECT is slated for commissioning in FY 2023-24
State support
The
Government of Odisha has announced nil sales tax on the refinery products for the period of 11 years.
IOCL Paradip Refinery Township
It is a private
residential area spread over 300 acres of land, composed of Bungalows and Housing Quarters for the employees of Paradip Refinery. Facilities include Estate complex, Hospital, Clubs, Community center, Bank, School, Swimming pool, Guest house, Horticultural Nursery, Market complex, Temple, Children parks, Stadium, Well maintained parks, lawns etc. are available here.
References
{{Reflist
External links
IndianOil RefiningParadip Refinery
Oil refineries in India
Indian Oil Corporation
Energy in Odisha
Indian Oil Corporation buildings and structures
2016 establishments in Odisha
Energy infrastructure completed in 2016