Haldia (West Bengal): A multipurpose petroleum storage and distribution terminal is being set up by the Reliance Petroleum on a 30-acre land at Kasberia.

The Rs 800-crore project's foundation stone was laid by the chairman of the Haldia Development Authority, Lakshman Seth, in presence of top Reliance Petroleum officials on April 10.

The company's Chief Executive Officer, A Subbiah, said that petroleum products produced at Jamnagar in Gujarat would be distributed in West Bengal and other states of the Eastern region through the terminal.

Subbiah said that at the initial stage an investment of Rs 90 crore would be made. The infrastructure will be provided by the HDA.

To give a further fillip to industry in West Bengal's showpiece industrial hub, a 21- km link road, named Integrated Industrial Link Road, is being constructed to link projects like Mitsubishi and HPL.

The road, being set up at a cost of Rs 10 crore, will start at the Mitsubishi and end at Durgachak.

PTI