The Financial Express
 
 
 
 

 

 
   CORPORATE
Thursday, September 13, 2001 

RIL to set up oil terminal at Haldia

Haldia, Sept 12: Reliance Industries and two other industrial houses have received land from the Haldia Development Authority (HDA) to set up projects totalling Rs 974 crore, including a Rs 800-crore oil terminal at this port town in the Midnapore district of West Bengal.

Reliance Industries had acquired 30 acres to set up a Rs 800-crore oil terminal here, HDA chairman Laxman Seth told a press conference here on Wednesday.

Mumbai-based Hindustan Seals Ltd, had acquired 50 acres to set up a Rs 135 crore factory to produce aluminium rolls and Triton Corporation Ltd aquired 50 acres for a Rs 39-crore tin melting facility, Mr Seth said.

In a bid to attract more industries to Haldia, Mr Seth said the HDA had taken up at least 100 downstream projects for infrastructural development, he said.

A barge jetty at Haldia’s at Raichak was also among the important projects coming up in collaboration with the state transport department, for which Rs 1 crore had been spent.

The National Highway Authority had approved Rs 300 crore to make a 59 km stretch four-lane between Haldia and Mechda to ease traffic, he said.

A 25-acre truck terminal would also come up for housing 400-500 trucks ferrying materials to various projects daily. An electricity sub-station had already been commissioned, while two more were under construction, he said.

The state government also approved an additional 30 million gallons to the existing 20 million gallon water project at Jeonkhali, he added.
Nayacher island, according to Mr Seth, was a potential tourist spot and a pisiculture project in collaboration with the West Bengal fisheries department. He added that an amusement park would be set up.

-- PTI

 
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