V Srinivas, Chief Secretary of Rajasthan, urged officials to accelerate the finalisation of a tripartite agreement to enable seamless industrial growth in the Rajasthan Petro Zone (RPZ) at Balotra. The move comes as the state prepares for the commissioning of a major refinery project that is expected to transform the region’s industrial landscape.
Tripartite Agreement to Ensure Feedstock Supply
The proposed agreement will bring together HPCL Rajasthan Refinery Limited (HRRL), the state government, and downstream industries. Its primary objective is to ensure an uninterrupted supply of feedstock from the upcoming refinery to industrial units in the petro zone.
Srinivas stressed that a well-coordinated ecosystem linking the refinery with downstream sectors is critical. Such integration will not only improve operational efficiency but also maximise economic returns across industries.
RPZ to Anchor Downstream Industrial Growth
The Rajasthan Petro Zone, being developed by Rajasthan State Industrial Development and Investment Corporation near the refinery site, is strategically designed to promote the utilisation of refinery by-products and feedstock. As a result, industries such as plastics, chemicals, and allied manufacturing sectors are expected to benefit significantly.
Officials confirmed that a draft of the tripartite agreement is already in place. This follows directives from the state leadership to establish robust supply and utilisation mechanisms ahead of the refinery’s launch.
Preparations Intensify Ahead of Inauguration
At the same time, the Chief Secretary has directed departments to complete all procedural formalities before the planned inauguration by Narendra Modi on April 21. This milestone is expected to mark a significant boost for regional industrial development and attract fresh investments.
HRRL Refinery Set to Transform the Region
The refinery-cum-petrochemical complex at Pachpadra, with a capacity of nine MMTPA, is a joint venture between the Rajasthan government and Hindustan Petroleum Corporation Limited. Operated by HRRL, the project is poised to become a key driver of economic growth, creating new opportunities across the petrochemical value chain. As reported by projectstoday.ai, with the tripartite pact moving toward finalisation, Rajasthan is positioning itself to fully capitalise on the refinery’s potential and strengthen its industrial ecosystem.
