Refining And Petrochemicals Industry Urged To Submit Project Reports For Environmental Clearances

Image
Capital Market
Last Updated : Jun 28 2019 | 2:04 PM IST

J S Sharma, Member, Expert Appraisal Committee, Ministry of Environment, Forest and Climate Change, has advised Refining and petrochemicals industry to submit their project reports for environmental clearances, taking due care of environmental and ecological sensitivities to Expert Appraisal Committee of the Ministry of Environment, Forest and Climate Change. He also advised the industry to make feasible study of projects relating to refining and petrochemicals in such a manner so that the issue of risk management and corporate social responsibilities are adequately addressed with solutions around which such green field projects are proposed to be set up.

Addressing a National Refining & Petrochemicals Conclave under aegis of PHD Chamber of Commerce and Industry (PHDCCI), Sharma reminded that India has certain commitment towards climate change, environmental and ecological front to multilateral institutions for drastic reductions of carbon emissions and accordingly clearances are considered by the Expert Appraisal Committee to all upcoming projects including those in refining and petrochemicals areas. Therefore, utmost precautions should be observed and detailed prescriptions should be provided to the authorities before seeking environmental and ecological clearances, he pointed out.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 28 2019 | 1:52 PM IST

Next Story