GAIL (India) has approved revival of existing LPG
Plant at Usar, Distt. Raigad Maharashtra and converting it
into 500 KTPA Polypropylene complex with an estimated
investment of Rs 8800 crore.
This is first of its kind project in
India which would be using Propane Dehydrogenation
technology for production of Propylene integrated with the
downstream Polypropylene Unit. The project is expected to
be commissioned by FY 2023 — 24. The Project is proposed
to be financed with mix of internal generations and external
debts.