NEW DELHI: India will see an investment of about USD 300 billion over the next decade in setting up of refineries, oil and gas pipelines and expansion of city gas distribution network as it builds infrastructure to cope with the massive demand surge, Oil Minister Dharmendra Pradhan said Tuesday
To meet the massive demand, it is building world’s largest oil refinery in Maharashtra at a cost of USD 40 billion, he said adding about USD 3 billion is being spent on laying gas pipelines to connect the eastern part of the country to the gas grid. Also, liquefied natural gas (LNG) receipt terminals at Ennore in Tamil Nadu and Dhamra in Odisha are being set up at a cost of Rs 10,000 crore for supplying imported gas to eastern and southern states, he said.
The other areas of thrust, which have been vibrant are creating pipeline infra, bio refineries, BSVI (EuroVI) standards

source: ET

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