Prime Minister Narendra Modi on Sunday dedicated to the nation the Rs 16,500-crore integrated refinery expansion complex of the Kochi unit of Bharat Petroleum Corporation Limited (BPCL).
Alongside, he also held the ground-breaking for the refinery's petrochemical complex, besides a skill development institute at Ettumanoor and inaugurated the mounded storage vessel at the Indian Oil Corporation Limited (IOCL) bottling plant.
The integrated refinery is to produce cleaner fuels and double the production of LPG and diesel. It will also produce the feedstock for petrochemical projects in the plant.
The IOC vessel, with a total storage capacity of 4,350 tonnes is expected to meet the growing LPG demand and is seen as the safest storage mechanism.
The bringing in LPG through pipeline is expected to reduce road movement of LPG tankers.
The skill development institute supported by the Ministry of Petrochemical and Natural Gas will provide vocational training and enhance employability in the oil the gas sector. It can train 1,000 youths annually in 20 skills.
Thrust on PSUs, says Pinarayi
Chief Minister Pinarayi Vijayan in his address asserted that the State Government focus was on strengthening the public sector.
He added that the government would strive to develop Thiruvanthapuram airport, hinting his opposition to development with private support.
About the Integrated Refinery Expansion Complex (IREC), Pinarayi said there was massive investment and it was the highest in the State.