February 15, 2021 P Jayadevan (right), Executive Director, Tamil Nadu & Puducherry and State Head, Indian Oil Corporation with Rajeev Ailawadi, Managing Director-in charge, CPCL at a press conference in Chennai - Bijoy Ghosh P Jayadevan (right), Executive Director, Tamil Nadu & Puducherry and State Head, Indian Oil Corporation with Rajeev Ailawadi, Managing Director-in charge, CPCL at a press conference in Chennai - Bijoy Ghosh× Prime Minister Narendra Modi will dedicate two oil and gas projects to the nation and lay the foundation stone for a ₹31,500 crore refinery project in Tamil Nadu on February 17. “The Prime Minister will lay the foundation stone through virtual mode for the proposed 9 million tonnes per annum (MMTPA) grass-root refinery project at Nagapattinam to be set up through a JV between Indian Oil Corporation and Chennai Petroleum Corporation Ltd (CPCL) at an estimated project cost of ₹31,500 crore,” said Rajeev Ailawadi, Managing Director-In-Charge, CPCL.