GAIL to Set Up India's Largest Ethane Cracker Project with Rs 60,000 Crore Investment in MP
GAIL (India) plans to establish a 1500 KTA Ethane Cracker Project in Sehore, Madhya Pradesh, with an estimated capex of Rs 60,000 crore. The project aims to produce a range of ethylene derivatives, bolstering the petrochemical infrastructure in the region.
The project will be situated in Ashta, District Sehore, spanning approximately 800 hectares. The Madhya Pradesh Industrial Development Corporation Limited is facilitating land acquisition for the project, with the state government already initiating the process.
GAIL has requested the Madhya Pradesh State Government to provide necessary enablers for the project. Investment approval from GAIL’s Board will be sought following a favorable outcome regarding these enablers.
The estimated investment for the Ethane Cracker Project is Rs 60,000 crore, marking it as the largest of its kind in India. This significant investment underscores GAIL’s commitment to enhancing India’s petrochemical industry.
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