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The Tamil Nadu PCPIR (TNPCPIR) is a planned Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in the Indian state of Tamil Nadu. It is to be developed in an area of 318 km2 along the coastal Cuddalore — Nagapattinam stretch. [1] A special purpose vehicle (SPV) named TNPCPIR Company Ltd., would be floated for the managing the project and a TNPCPIR Development Authority would be formed to develop the area. The region is planned by the Tamil Nadu Industrial Development Corporation ( TIDCO) [2] [3]
Nagarjuna Oil Corp Ltd (NOCL) is setting up a six million tonnes per year crude throughput capacity petroleum refinery project costing Rs 4,790 crore. [4] The oil refinery project has attained financial closure recently and is expected to go onstream in 2011. [5]
The Nagarjuna refinery is to be expanded to 15 million tonne per year by 2013-14. [6]
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