Project to come up at Cuddalore and Nagapattinam districts, supporting infra to cost Rs 13,000cr

The Cabinet Committee on Economic Affairs today approved the proposal of the Government of Tamil Nadu to set up a Petroleum Chemicals and Petrochemicals Investment Region (PCPIR). The region is expected to attract an investment of around Rs 92,160 crore. The project will come up at Cuddalore and Nagapattinam districts in Tamil Nadu. It may be noted already the PCPIRs in Andhra Pradesh, Gujarat, West Bengal and Orissa have got approvals.