Odisha Single Window clears BPCL's Rs 270 cr common user facility

the project, which is an arrangement between BPCL, IOCL and HPCL, will receive and store a wide range of petroleum products

The State Level Single Window Clearance Authority (SLSWCA) here cleared the proposal by oil marketing major Bharat Petroleum Corporation Ltd (BPCL) to establish a common user facility (CUF) for storage of petroleum products.

The facility estimated to cost Rs 270 crore, is proposed at Meramundali in Dhenkanal district.

This project is a common arrangement of Indian Oil Corporation Ltd (IOCL), BPCL and Hindustan Petroleum Corporation Ltd (HPCL). The CUF would cater to receipt and storage of petroleum products like petrol, diesel, kerosene, fuel oil, light diesel. High performance petrol and diesel will also be blended at the CUF with imported additives. The project will require 90 acres of land, three kilo litres of water per day and 450 Kw of power. It will provide direct and contractual employment to 344 people.

The other project approved in the meeting is the proposal of Starlight Energy Ltd to set up an integrated grain based distillery unit along with a parboiled rice mill and co-generation biomass power plant at Goud Sariguda in Kalahandi district with a total investment of Rs 137 crore. The project requires 195 acres of land and 1 MW power as stand by for start-up of the biomass power plant. The industry will make use of broken rice from the rice mills, maize and other grains produced in the state for distillery unit. The husk from the rice mills will be used as principal raw material for production of biomass power.

The SLSWCA also reviewed the progress of the investment projects that were approved during 2015. Available data shows, during 2015, seven projects were approved by HLCA out of which two projects have started production and three are in different phases of completion. Similarly, during 2015, SLSWCA cleared a total number of 23 projects out of which two have started production and 20 are in different phases of construction.