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Post Vedanta-Foxconn Fiasco Maharashtra Govt Goes All Out To Revive Nanar Refinery Project

The Maharashtra government has intensified its campaign to ensure that the state does not lose the multi-billion rupee Nanar refinery project in Ratnagiri district in Konkan region. The precaution is said to be taken to avoid recurrence of the Vedanta-Foxconn fiasco that occurred a couple of months ago. With an estimated Indian and international investment of over Rs 3 lakh core, Nanar was projected as the largest such refinery in the world. Nearly 7500 acres of land was acquired for it though some land holders were against it. The previous Maha Vikas Aghadi (MVA) regime then decided to shift it to a nearby village, Barsu, though opposition from others quarters continued. After losing Vedanta-Foxconn, the Shinde-Fadnavis government held a cabinet sub-committee meeting, which took place after a lapse of 14 months. After discussing pros and cons, it was felt that the project should stay at Nanar and the opposing villages deleted from its planning. After keeping this area of about 2000 acres out, the proposed project can be developed on the acquired 5500 acres of land, it was suggested. Chief minister Eknath Shinde and deputy chief minister Devendra Fadnavis have been wooing various industrialists to start their projects in Maharashtra. Coincidentally, the sub-committee met just when it was being announced that Madhya Pradesh chief minister Shivraj Singh Chauhan was to visit Pune to attract industry through his “Invest MP” initiative.