Kolkata-based Haldia Petrochemicals is planning to invest Rs 62,714 crore in setting up a 12 Million Tonne Per Annum (MTPA) refinery-cum-petrochemical complex near Kakinada in Andhra Pradesh. The proposed crude-to-chemical complex will produce refinery derivatives and petrochemicals for domestic sale and exports. It will also help in meeting the company’s primary feedstock requirement of Naphtha as well as Paraxylene, the company said in an application seeking clearance from the environment ministry. The project is expected to be set-up in A V Nagaram village, East Godavari district, Andhra Pradesh. The complex is likely to be commissioned in 60 months from zero date. It will employ 5,000 personnel during the construction phase and its peak manpower requirement would be in the range of 20,000 to 30,000 personnel.
