The Project revolves around Chennai Petroleum Corporation Limited's (CPCL) plan to establish a cutting-edge grassroots refinery in Nagapattinam, Tamil Nadu. This refinery caters to the surging demand in the southern region. CPCL, with the support of the Center for Urbanization, Buildings, and Environment (CUBE), seeks to implement a holistic area development approach in 45 villages spanning Nagapattinam and Karaikal districts.
The project involves Concept for Area Development Approach for Nagapattinam as per Gati Shakti’s laid down objectives. The proposed plan shall aim to position Nagapattinam as a growth centre by transforming the town into a vibrant and leading economic hub in the region by leveraging its potential in various sectors and creating a conducive environment through infrastructure development with a focus on inclusive growth and overall well-being of its citizens.
Economic Impetus: The CPCL's Cauvery Basin Refinery Project is set to invigorate Nagapattinam's economy with an estimated INR 40,000 crore investment, bolstering GDP and generating employment opportunities.
Infrastructure Enhancement: The study identifies and addresses infrastructure gaps in transportation, social services, physical amenities, and heritage, propelling comprehensive growth.
Inclusive Transformation: The proposed area development plan aims to not only support the refinery project but also foster overall economic growth, attract investments, and elevate residents' quality of life.
Integrated Vision: The development plan harmoniously integrates economy, ecology, infrastructure, heritage, and more, setting the foundation for Nagapattinam's multi-industry progress.
Gati Shakti Alignment: The project aligns with the Prime Minister's Gati Shakti National Master Plan, contributing to multi-modal connectivity and holistic development in the region.
Chennai Petroleum Corporation Limited (CPCL)
July 2018 – July 2020