In January, Adani had announced plans to set up a Rs 16,000-crore chemicals factory at Mundra in partnership with BASF. The partners aim to finalise the joint feasibility study by the end of first quarter of 2020. “The collaboration includes evaluating a joint world-scale propane dehydrogenation plant to produce propylene based on propane feedstock supplied by Adnoc. Propylene will be partially used as feedstock for a polypropylene complex, owned by Adnoc and Borealis,” the Adani group said. The partners will also invest in wind and solar power plants at the site to meet the electricity requirement.

Source: The Telegraph October 17, 2019 19:30 UTC