The central government of India has decided to revise the Petroleum, Chemicals and Petrochemicals Industrial region (PCPIR) policy 2017 as last four PCPIR policies failed to achieve the desired success.
Rajeev Kapoor, Secretary, Department of Chemicals and Petrochemicals, said barring Dahej PCPIR, where the anchor tenant ONGC Petro-additions Ltd (OPaL) has initiated operations, the remaining three at Vishakhapatnam-Kakinada in Andhra Pradesh, Paradeep in Odisha and Cuddalore-Nagapattinam in Tamil Nadu have not made any significant progress. Kapoor said during his address at the 6th Petrochemical Conclave organised by the Union Ministry of Petroleum and Natural Gas, “The key issue is that the industry feels that the anchor tenant in the PCPIR is not sparing feedstock for downstream units and they are converting the available polymers into bulk polymers.”
