State cites delay in project execution, cancels allotment of 1,500 acres
In a setback to state-owned HPCL, the Andhra Pradesh government has cancelled the land allotted to the company for setting up its proposed Rs 45,000-crore petrochemical complex at Visakhapatnam, due to delay in executing the project, a government official has said. Hindustan Petroleum Corporation Ltd (HPCL) was allotted 1,500 acres in 2007 for setting up the petrochemical complex in the proposed Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) coming up between Kakinada and Visakhapatnam on the east coast.
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Links:
[1] http://admin.indiaenvironmentportal.org.in/news/ap-takes-back-land-hpcls-rs-45000-cr-complex
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/vishakhapatnam-d
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/hindustan-petroleum-corporation-hpcl
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrochemical-industry
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/andhra-pradesh
