ADANI ENTERPRISES LIMITED entry into Petrochemicals
ADANI ENTERPRISES LIMITED entry into Petrochemicals
- Mundra Petrochemicals Limited (MPL), the step-down subsidiary of AEL, has initiated to implement a PVC project with a capacity of 1 MMT per annum with flexibility to expand up to 2 MMT per annum, to be executed in phases.
- The first phase, with a capacity of 1 MMT per annum, is slated for commissioning by FY 2027-28.
- Outlook
- This project would be a major step towards reducing the nation’s import dependency, aligned with India’s vision to become self-reliant.
- MPL has selected the carbide acetylene route for its proposed 1 MMTPA PVC project.
- The calcium carbide–based technology uses low-cost equipment and produces high yield. Further, this project will be a green PVC project as it is being designed with a low carbon emission process which will help reduce carbon emissions and capturing the carbon emitted.
- Company has already demonstrated its execution capabilities in delivering ultra-mega projects.
- The proposed PVC project will leverage Adani Group's expertise in both construction and operational excellence, benefiting from strategic synergies.
- Mundra’s advantageous location, Adani Group’s longstanding presence in thermal power generation, and a strong feedstock sourcing advantage will serve as key enablers for the project's success.
https://youtu.be/LoHnESTOeas?si=2Fak9KL-jWRv7xYx
ADANI ENTERPRISES LIMITED entry into Petrochemicals- The Company is in the developmental phase of establishing a petrochemical cluster in Mundra, Gujarat
- Company has already demonstrated its execution capabilities in delivering ultra-mega projects.
- MPL is developing 1 million MTPA PVC plant under phase-1 which is expected to be commissioned by Dec’26
- India's annual PVC demand stands at approximately 4 MMT, while domestic production capacity is only 1.5 MMT, resulting in a supply-demand gap and substantial imports ranging from 2.5 MMT.
- India is poised to contribute 10% of the incremental global petrochemical demand growth and is set to experience robust growth from its current 4% share of global capacity
- Mundra Petrochem Limited (MPL) MPL provides sustainable solutions by using state-of-the-art technology from reputed licensors.
- It is establishing a 1 MMT per annum plant capacity in Mundra SEZ, with flexibility to expand to 2 MMT per annum.
- The plant complex includes PVC, Chlor-Alkali, Calcium, Carbide and Acetylene units, which provides a presence across the value chain of products and by-products like PVC, caustic soda, tar, hydrated lime etc
- 14,000 cr credit line received For building India's largest polyvinyl chloride (PVC) plant, Mundra Petrochem Ltd.
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