Gas Authority of India Ltd. Has announced to double its petrochemical output in the coming fiscal year. According to company’s chairman and Managing Director BC Tripathi, “In FY17, our polymer output was 5.77 lakh tonnes. We want to increase that to 8 lakh tonnes in FY18 from the Pata plant in Uttar Pradesh and about 2 lakh tonnes from our subsidiary in Assam, Brahmaputra Cracker and Polymer Ltd”. The gas utility has ongoing expansion projects which require investments of up to Rs. 30,000 crore, out of which Rs. 20,000 crore over the next three fiscals will be invested in creating 6,000 km of natural gas pipelines and a Rs. 3,000 crore coal gasification project at the Talcher fertilizer plant in Odisha. The Talcher project, in partnership with Coal India and Rashtriya Chemicals and Fertilizers, is awaiting approvals from the environment ministry and the Union Cabinet.
