Prime Minister Narendra Modi, is declared a single investment of Rs 23,200 crore in Kerala for the development of BPCL on Sunday at Kochin. The single largest investment in Kerala when Modi unveils an integrated Bharat Petroleum Corporation Limited refinery expansion complex. New investment for BPCL will reduce the petroleum product imports and maximize the inhouse production.
Modi had laid the foundation stone of the complex which is a complete “Make in India” initiative aimed at reducing dependence on imports.
The Prime Minister is also scheduled to dedicate the Mounded Storage Vessel of the Indian Oil Corporation Limited and will then move on to Ettumannor in Kottayam district to lay the foundation stone of a Skill Development Institute, promoted by the Ministry of Petroleum and Natural Gas.
Later in the evening, Modi has addressed a state meeting of the Yuva Morcha in Thrissur after which he will return to Delhi.
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