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Andhra Pradesh Chief Minister N Chandrababu Naidu has announced plans to explore the establishment of an oil refinery and petrochemical complex in the state with an investment of Rs 60,000 crore

CM Naidu plans Rs.60,000 cr petrochemical complex in AP

July 11, 2024, 01:10 PM - 2 min read

“Strategically placed on the eastern coast of the country, our state has significant petrochemical potential. Today, I met with representatives of BPCL to explore the establishment of an oil refinery and petrochemical complex in Andhra Pradesh with an investment of Rs 60-70,000 crore. I have sought a detailed plan and feasibility report in 90 days. About 5,000 acres of land will be required for this project, which the government looks forward to facilitating in a hassle-free manner,” Naidu shared on social media.

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