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I Am Inaugurating An Assam Plant That Should'Ve Been Done 25 Years Ago - PM Modi - The Economic Times
I Am Inaugurating An Assam Plant That Should'Ve Been Done 25 Years Ago - PM Modi - The Economic Times
I Am Inaugurating An Assam Plant That Should'Ve Been Done 25 Years Ago - PM Modi - The Economic Times
IaminauguratinganAssamplantthatshould'vebeendone25yearsago:PMModiTheEconomicTimes
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IaminauguratinganAssamplantthatshould'vebeendone
25yearsago:PMModi
PostaComment
ByBikashSingh,ETBureau|5Feb,2016,02.31PMIST
GUWAHATI:InwhatappearstobeaswipeattheCongress,PrimeMinisterNarendraModi
onFridaysaidhewouldnothavegottentheopportunitytoinauguratetheBrahmaputra
CrackerandPolymerLtd(BCPL)plantinLepatkata,inAssam,haditbeencompletedon
time.
Thegascrackerplantispartofthe'AssamAccord'inkedin1985byAllAssamStudents
UnionandlateprimeministerRajivGandhi.
"Ishouldnothavegotanopportunitytoinauguratethisprojecthadthisprojectbeen
completed25yearsback.
ThegascrackerplantispartoftheAssamAccordinkedin
Therewouldbeoverallhappinesshaditcomeattherighttime,"Modisaid."Bythistime
secondgenerationwouldhavereapedbenefitsforthetimelycompletionoftheproject."
1985byAllAssamStudentsUnionandlateprimeministerRajiv
Gandhi.
BCPLisajointventurecompanywithGAILastheleadpromoterwith70%equity.Theother
jointventurepartnersareOilIndiaLtd(OIL),NumaligarhRefineryLtd(NRL)andtheAssam
government,eachhaving10%equity.
Editor'sPick
Modisaid,"Inourcountry,theproblemiswecannotthinkbeforetime,evenifwethinkso,
wecannotmakearoadmap,thenwemakeannouncementsandwaitforthefoundation
stonelaying.
ETSPECIAL: Lovevisualaspectofnews?Enjoy
Only1familyinoppnnotallowingRSto
function:PM
thisexclusiveslideshowstreat!
Bythetimethetimeprojectgetscompleted,everybodyforgetsit.Thereismassivecostoverrunandeconomysufferslossesbecauseof
thedelay.AprojectwithaninitialcostofRs500croreendsupwithRs1,000croreafteritgetscompleted."
CongressclaimsthatthegascrackerplantisthebrainchildoftheerstwhileUPAgovernment.Thefoundationstonefortheprojectwas
laidbyformerprimeministerManmohanSinghin2007.
Inhisspeech,UnionFertilizerMinisterAnanthKumartoocreditedModiforthecompletionfortheproject.
Modisaid,"Itisimmaterialwhodreamsaboutit,whoinauguratedtheprojectsouraimistofulfillpeople'sdreams.Iamrunninga
programmewhereIdovideoconferencingwithchiefsecretaries,wherewediscusslakhsandcroresofstalledprojects.
Accordingtosomemediareports,severalprojectshavebeenreleasedfromimprisonmentbysuchamoveandstartedwitnessingactivity.
Andthegascrackerprojectisonesuchproject."
RetreatingthattherecannotbeinclusivegrowthinthecountryifeasternIndiaisnotdeveloped,Modisaid,"DevelopmentofNortheast
Indiaisourpriority.
Wehavedevisedan'ActEast'policy,whichwillconnectNortheastIndiatoMyanmar,Sinapore,Thailand,MalaysiaandIndonesia."
TheprimeministersaidthegovernmentisworkingtoconnectNortheastIndiawiththesecountries."Wehavemadethelargestever
investmentinrailways.Wefeelthatduetolackofconnectivity,NortheastIndiahasnotbeenabletodevelopdespitebeingendowedwith
enormousnaturalresource."
ThepetrochemicalcomplexinLepatkatacanproduce220,000tonnesperannum(TPA)ofethyleneand60,000tonnesperannumof
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2/5/2016
IaminauguratinganAssamplantthatshould'vebeendone25yearsago:PMModiTheEconomicTimes
propylene,withnaturalgasandNaphthaasfeedstock.
Modisaidtheunitisavalueadditionandwillhelpthegovernmentsaveforeignexchange."Ancillaryunitswillcomeupandthesewill
createjobsforlocals."
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