 "Chief Minister E Palaniswami (above) says his government is closely MONITORING all new projects and will take steps to ensure they come on stream fast")
Kuwait-based Al-Kharafi is likely to invest around Rs 49,000 crore to set up a petroleum refinery and petrochemical products facility at Thoothukudi in Tamil Nadu. The investment is one of the several pouring into the state.
Chief Minister Edappadi K Palaniswami said that Al-Kharafi is expected to set up a petroleum refinery in compliance with BS-VI emission norms adhering to the environmental standard to manufacture petrochemical products.
"This will bring in economic growth in the southern part of the state similar to that which took place in Jurong Island in Singapore and Dahej and Jamnagar in Gujarat," the chief minister
