(a) whether the work on Guru Gobind Singh Refineries Ltd. at Bhatinda in Punjab is going on as per the schedule;
(b) if so, the details thereof;
(c) if not, the reasons for delay;
(d) the estimated expenditures likely to be incurred on the project and the total amount spent so far; and
(e) the time by which the refinery is likely to be commissioned?
MINISTER OF PETROLEUM & NATURAL GAS AND PANCHAYATI RAJ (SHRI MANI SHANKAR AIYAR)
(a) to (c) Based on the incentives offered by the State Government of Punjab (GOP), as
also other commercial considerations, Hindustan Petroleum Corporation Limited (HPCL) have
decided to set up a refinery at Bathinda. The Deed of Assurance (DOA) is scheduled to be
signed at Bathinda on 12.8.2005 in the presence of the Chief Minister of Punjab and the
Union Minister of Petroleum and Natural Gas.
(d) The approved project cost is Rs.9,806 crore (at June 1998 prices). Upto July, 2005
an expenditure ofRs.289 crore has been incurred on the project.
(e) The configuration of the refinery is being finalized. After the DOA is signed, financial
appraisal and tie-up of the funding for the project will be carried out. The refinery is
likely to be commissioned in 60 months` time from the tie-up of funds for the project.