TCG to establish a new refinery at Haldia

The Chatterjee Group (TCG) is likely to set up a refinery worth Rs 260 billion at Haldia, West Bengal. The company has acquired around 800 acres of land for the project and has another 1,700 acres from the state government. It is yet to be decided whether the capacity of the refinery will be 15 mtpa or 30 mtpa. TCG may set up the refinery near Haldia port and establish a township which will be part of the project. The naphtha produced from the refinery will be used as the primary raw material for Haldia Petrochemicals Limited to manufacture polyethylene and polypropylene.