GAIL Ltd has signed a Memorandum of Understanding with Uttar Pradesh State Industrial Development Corp (UPIDC) for facilitating development of an industrial park for plastic processing units in Auraiya.
UPIDC plans to set up a special purpose vehicle for the development of the 314-acre industrial park. GAIL is currently in advanced stage for augmenting its polymer capacity from its petrochemical complex in the state to 900,000 tn per annum from 410,000 tn