Ganjam: CM Lays Foundation Stone of Smartchem Technologies’ TAN Complex at Gopalpur Industrial Park

Berhampur: In a big push to industrial development in Ganjam district, Chief Minister Naveen Patnaik today laid foundation stone of Smartchem Technologies Ltd’s Technical Ammonium Nitrate (TAN) complex at Gopalpur Industrial Park in Ganjam district.

Smartchem Technologies, a 100% subsidiary of Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL), will invest Rs 2,200 crore in the project, which will have a capacity of 377 KTPA.

The Chief Minister laid the foundation of the project in presence of Chairman & Managing Director of Smartchem Technologies Sailesh Mehta, Dibya Shankar Mishra, Minister of Energy; Industries; Micro, Small & Medium Enterprises and others.

The plant has the best-in-class technology from Casale, that will ensure that it is the safest plant with lowest possible emission. The project is expected to be completed by August 2024, 50% of the engineering work is already completed and the piling work will begin from January 2022. It is strategically located near the major mining hubs and the Gopalpur port to capture domestic demands and tap into export opportunities.

Technical Ammonium Nitrate, being an international commodity, this project will put Odisha on the map for international recognition. On project completion and commencement, Odisha will become a key source of TAN to the entire Eastern Belt where majority of Mining and Infrastructure growth is foreseen in future, It will generate employment for 1,500 people during the project phase and 325 people during the operation phase. It also holds the possibiliry of attracting investment in ancillary units like explosive rnanufacturers, manufacturers of LDPE/HDPE bags and liners, among others. It is part of DFPCL’s initiative to be closer to the end user and add maximum value to them, by being a solution provider and reduce the supply deficit and reduce the resultant import substitution of more than Rs. 4500 crores.

Additionally, the project will contribute Rs 3,000 crore in GS-1 and Rs 1,100 crore in Income Tax to the exchequer over 10 years. It ensures maximum recycle and reuse of effluents and use of freshwater is optimized. The emission and discharge from the plant will be one of the lowest and it features advanced NOx/N20 abatement technologies.
The plant is expected to generate 4.5 MW power from the waste heat steam.