The Indian Oil Corporation Limited's (IOCL) Rs 3,328 crore pipeline project from Paradip Port to Hyderabad, is nearing completion.
Indian Oil Corporation Limited (IOCL), a Government of India Undertaking is engaged in petroleum refining, marketing and transportation of crude and petroleum products pipelines throughout the length and breadth of the country.
Indian Oil Corporation Limited (Pipelines Division) is laying the 1,212-km long Paradip–Hyderabad Product Pipeline (PHPL), originating from Paradip in the state of Odisha and terminating at Hyderabad in the state of Telangana with intermediate pumping–cum–delivery station at Berhampur (Odisha) and at Visakhapatnam, Rajahmundry and Vijayawada (Andhra Pradesh).
This Paradip-Hyderabad pipeline would be laid for the evacuation of white oil products from the Paradip refinery to depots in Odisha, Andhra Pradesh and Telangana, and thus, is a time-bound project of national importance.
On its journey from Paradip, the pipeline would feed the new depots being set up in Berhampur, Odisha; Achchutapuram near Vishakapatnam, and Vishakapatnam as well as in Malkapur, near Hyderabad. IOCL will optimise the use of the existing depots in Rajahmundry and Vijayawada.
IOCL's executive director and south head of Andhra Pradesh and Telangana, B Anil Kumar, announced that the first leg of the project has been commissioned till Vijayawada.
The Hyderabad leg of the project is still in progress and is expected to be commissioned in March next year.
A new terminal is currently under construction at Atchutapuram, with a cost of Rs 466 crore, and is set to be completed in December this year. Additionally, a new LPG bottling plant is being constructed in Chittoor at a cost of Rs 167 crore, with completion expected in February next year. Furthermore, a new depot has been constructed at Guntakal, costing Rs 350 crore.
In addition to these new infrastructure additions in the state, IOCL is revamping their facilities at Vizag terminal, with a cost of Rs 355 crore and augmenting tankage and allied facilities at Vijayawada terminal, costing Rs 316 crore, reports The New Indian Express.
Anil Kumar stated, "IndianOil has been actively pursuing a strong green agenda to drive the country's transition to green energy. We are already working on various pathways to mitigate emissions, including green hydrogen, biofuels, renewables, ecosystem restoration for carbon offsetting, and carbon capture utilisation and storage (CCUS)."
"IndianOil is committed to achieving net-zero operational emissions by 2046 with an investment of Rs 2 lakh crore. Our decarbonisation plans cover both scope 1 and 2 emissions," he added.
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