Financial Daily from THE HINDU group of publications
Thursday, Aug 05, 2004
Financial Daily from THE HINDU group of publications Thursday, Aug 05, 2004 |
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Corporate
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Water Industry & Economy - Petroleum CPCL to set up desalination unit Our Bureau
CHENNAI: Chennai Petroleum Corporation Ltd proposes to set up a 5.8 million gallons-per-day seawater desalination plant at Ennore, some 16 km from its Manali refinery. The project will cost Rs 193 crore and will take 30 months to complete, says the company's annual report for 2003-04. The plant will take care of the water needs of the refinery, which has had to shut down because of water shortage in Chennai. Alongside, the company is in the process of replacing its old pipeline that carries crude oil from the Chennai Port to Manali refinery, with a new 42-inch pipeline, at a cost of Rs 40 crore. The project is "expected to be laid" by the last quarter of 2005-06. During the year 2003-04, CPCL completed another project - a 40 MW power plant that produces electricity using two `heat recovery steam generators'. The company has said in a press release that it has commissioned a `once-through hydro cracker' unit, which is part of the 3 million-tonne expansion project. The 1.65-million-tonne unit will process high sulphur vacuum gas oils from the existing refineries and produce petroleum products from them.
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