Brahmaptura Cracker and Polymer Limited (BCPL) signed the Feedstock Supply Agreement with ONGC for the Rs. 5460 crore, 2,80,000 TPA gas cracker plant being set up at Lepetkata, Dibrugarh, Assam.
The Feedstock Supply Agreement was signed by Shri R K Kashyap, Chief Operating Officer, BCPL and Shri J G Chaturvedi, Executive Director and Asset Manager, Assam, ONGC in presence of Shri B K Handique, Hon'ble Union Minister of State for Chemicals, Dr. U D Choubey, Chairman and Managing Director, GAIL, Shri A K Purwaha, Director (Business Development), GAIL, Shri N K Mitra, Director (Offshore), ONGC, Shri A K Hazarika, Director (Onshore), ONGC and other senior officials of the two companies in New Delhi.
With the signing of Feedstock Agreement with ONGC, BCPL has now signed Feedstock Agreements with all the three suppliers who are to supply feedstock to the petrochemical plant. The agreements with other feedstock suppliers Oil India Limited (OIL) and Numaligarh Refineries Limited (NRL) were signed last month in Dibrugarh.
Under the Feedstock Supply Agreements, BCPL will source 6.0 MMSCMD gas from Oil India Limited (OIL) Duliajan which shall be processed to recover C2+ Liquid as feedstock for the Petrochemical Complex. The balance gas after recovery of C2+ Liquid shall be returned back to the gas consumers. The Petrochemical Complex shall also utilize 160,000 TPA of petrochemical grade Naphtha from Numaligarh Refinery Limited (NRL). In addition to fuel supplies from OIL and NRL, 1.35 MMSCMD gas from Oil & Natural Gas Corporation Limited (ONGCL) upto 31/3/2012 and 1.00 MMSCMD thereafter will be utilized by BCPL.
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