IndianOil advances Mega Paradip petrochemical complex with land acquisition launch in Odisha

Odisha state authorities have initiated formal land acquisition procedures for Indian Oil Corporation's ₹610.77 billion integrated petrochemical facility in Paradip. Anchored by a 1.5 million tonnes per annum naphtha cracker, the project aims to transform the region into a major industrial polymer hub.

Odisha state authorities have formally initiated the Social Impact Assessment process to acquire private land for Indian Oil Corporation Ltd's proposed integrated petrochemical hub in Paradip. The revenue and disaster management department notified the acquisition of nearly 220 acres of private land in Jagatsinghpur district's Erasama tehsil, forming part of a larger 2,200-acre site adjacent to the company's operational 15 million tonnes per annum refinery. The land transfer is being coordinated through the Odisha Industrial Infrastructure Development Corporation, with preliminary statutory assessments expected to conclude within four months.

Indian Oil Corporation Ltd is India's largest public sector refining and fossil fuel marketing enterprise, operating an extensive network of refineries, pipelines, and retail outlets across the nation. Controlled by the Ministry of Petroleum and Natural Gas, the state-owned energy flagship has increasingly expanded its downstream chemical and polymer manufacturing footprint to capture higher value from crude refining assets.

This developmental milestone marks a critical transition from planning to execution for the state's largest single-location downstream chemical investment, capitalised at ₹610.77 billion. The complex features a world-scale 1.5 million tonnes per annum dual-feed naphtha cracker designed to supply essential building blocks, including polypropylene, high-density polyethylene, linear low-density polyethylene, polyvinyl chloride, phenol, isopropyl alcohol, and butadiene, to secondary manufacturing sectors.

Establishing domestic production capacity for fundamental polymers and chemical feedstocks directly strengthens India's industrial self-sufficiency. By localising the supply of critical intermediates required for pharmaceuticals, synthetic packaging, agrochemicals, adhesives, and industrial plastics, the facility reduces import dependency while enhancing supply chain resilience for domestic manufacturers.

From an economic perspective, the project serves as a anchor for Eastern India's broader industrialisation strategy. The capital-intensive complex is expected to catalyse downstream investments across micro, small, and medium-sized enterprises, feed into the planned Paradip plastic park, and generate thousands of skilled direct and indirect jobs over its four-to-five-year development timeline.