The Tamil Nadu PCPIR (TNPCPIR) is a planned Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in the Indian state of Tamil Nadu.
[1] A special purpose vehicle (SPV) named TNPCPIR Company Ltd., would be floated for the managing the project and a TNPCPIR Development Authority would be formed to develop the area.
The region is planned by the Tamil Nadu Industrial Development Corporation (TIDCO)[2][3] Nagarjuna Oil Corp Ltd (NOCL) is setting up a six million tonnes per year crude throughput capacity petroleum refinery project costing Rs 4,790 crore.
[4] The oil refinery project has attained financial closure recently and is expected to go onstream in 2011.
[5] The Nagarjuna refinery is to be expanded to 15 million tonne per year by 2013-14.