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Cabinet okays planned $62 billion petchem project

The cabinet on Tuesday approved a proposal to set up a petrochemicals investment region in Orissa, a government statement said.

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Cabinet okays planned $62 billion petchem project
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The cabinet on Tuesday approved a proposal to set up a petrochemicals investment region in Orissa, a government statement said.

Total investment of about 2.78 trillion rupees ($62.2 billion) is expected in the project, the statement added.

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