Excelsior Correspondent
JAMMU, Mar 3: The Hydrocarbon Vision 2030 for North-East which aims at doubling oil and gas production by 2030, making clean fuels accessible, fast tracking projects, generating employment opportunities and promoting cooperation with neighbouring countries gets a big boost with the announcement of Indane Maximisation Unit (INDMAX) at Bongaigaon Refinery, by Indian Oil.
This was announced by Sanjiv Singh, Director (Refineries), Indian Oil while addressing the top management of Indian Oil Refineries.
INDMAX technology is more competitive and highly suitable for heavy feed contaminated with metals. This process has also been optimised to enhance propylene yield from Paraffinic VGO feedstock. INDMAX of 0.1 MMTPA capacity was set-up at Guwahati Refinery as the pilot project. Indian Oil built 4.27 MMTPA INDMAX Unit at the recently commissioned Paradip Refinery. Indian Oil Board has now approved setting-up of INDMAX FCC Unit including LPG Treatment of 0.740 MMTPA at its Boanaigaon Refinery.
Speaking on the occasion, Singh added that Ministry of Petroleum and Natural Gas has emphasized the important role of hydrocarbon industry to catalyse growth in the North East region and to improving standard of living for the people, generating opportunities for the youth and creating a sustainable energy secure future through the Hydrocarbon Vision 2030 for North-East and Indian Oil will make all efforts to contribute in this direction.
Indian Oil operates Guwahati, Digboi and Bongaigaon Refineries in Assam and Indian Oil’s pipelines and marketing network ensures making the vital petroleum products available across the entire north-east.
Minister of State (I/C) for Petroleum and Natural Gas Dharmendra Pradhan had released the Hydrocarbon Vision 2030 for North-East India, outlining steps to leverage the hydrocarbon sector for development of the region last month.
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