GAIL announces Rs 60,000-Crore ethane cracker project in Madhya Pradesh : Daily Market Update -11 June 2024

GAIL Ltd will set up an ethane cracker project in Madhya Pradesh’s Sehore district for Rs 60,000 crore. Land for the project will be provided by MP Industrial Development Corp. The 1,500-KTA project will be laid out on 800 hectares of land. The state government has already initiated the process for the provision, according to an exchange filing.