Press Trust of India cited OPAL CEO K Satyanarayan as saying at a chemicals industry event, the complex, which is located in Dahej Special Economic Zone (D-SEZ), is one of the largest of its kind in India.
"The complex will consist of a dual feed cracker unit and associated facilities with a capacity to produce 1.1 million tonne of ethylene and 400,000 tonne of propylene annually," Satyanarayan added.
"It will significantly boost the petrochemical sector besides generating about 1,000 permanent and 15,000 direct and indirect jobs. The entire project is estimated to cost about US $ 4 billion."
About 50% of the products produces from the complex will be supplied to overseas markets such as Africa, China, Vietnam, Malaysia, Indonesia, Singapore, Turkey, Pakistan, Bangladesh and Sri Lanka.
OPAL was established in 2006 as special-purpose vehicle by state-run Oil and Natural Gas (ONGC) to execute the Dahej petrochemical project.
