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Petroleum Minister invites investors to Odisha

IANS  |  Bhubaneswar 

on Wednesday requested investors to explore opportunities to enhance investments in Odisha.

He urged the investors to explore opportunities for investments in Paradip and Dhamra.

He also suggested a plan for a Pipeline Park near Chandikhol region in district to boost industrial activity.

"Paradip and Dhamra have become the gateway for to neighbouring states and With major investments pouring in through various developmental projects, especially in the field of oil and gas, eastern is bound to grow," the said.

was addressing business leaders, investors and industry stakeholders from engineering, pipelines and port at the 19th National Conference on Corrosion Control at Bhubaneswar on Wednesday.

The disclosed that some entities have shown interest to set up and plants in Paradip.

"If the helps in providing land like has done in Kutch area, it will boost in Odisha," he added.

"Our government in last 4.5 years is expanding in Odisha to further fuel economic growth and provide clean fuel to residents of the state. Enhanced will boost industries in Odisha and help in the overall economic growth," said

Explaining that corrosion is the primary factor affecting the longevity and durability of crude and and transport of throughout the nation, he said scientific and technological advances can help in continuous monitoring and even detect the onset of corrosion.

"In modern times, is an integral part of any structure. As our country is furthering major expansions in and super structures, corrosion control has become even more important to prevent any mishap, specially in the where there is no margin for error," said the Minister.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, December 05 2018. 15:54 IST