Work on the nearly ₹1,900-crore petrochemicals park, being built under the supervision of Kerala Industrial Infrastructure Development Corporation (Kinfra) on the Ambalamugal campus of Fertilisers and Chemicals Travancore, is progressing towards completion and is expected to be ready for commissioning by the second half of this year.
The petrochemical park has aroused considerable interest among investors and 22 units have been allotted space on the 481-acre campus, sources said. A part of the phase A of the park will be allotted to pharmaceutical companies. Two units have already started functioning out of the petrochemical park. The State government accorded sanction for the project in 2018 to encourage downstream projects with the key raw material propylene from the Kochi Refinery of Bharat Petroleum Corporation Limited (BPCL) .
The infrastructure works for the green category general industries at the park include laying of high quality road network, power lines as well as a line for the water supply. Power, water, roads, rain water harvesting facility, effluent treatment plant and Gail pipeline are the infrastructure that will be made available at the Kinfra park. Sources said that work on the water connectivity is nearing completion.
