Joint Ventures
WBIDC Joint Venture Companies
WBIDC has entered into strategic joint ventures with leading national and international companies to promote industrial development in West Bengal.
Major Joint Ventures
1. Bengal Srei Finance Limited
Partners: WBIDC & Srei Infrastructure Finance Limited
Objective: Providing financial assistance to industrial units in West Bengal
Services:
- Equipment financing
- Working capital loans
- Lease financing
- Asset management
2. Hooghly Met Coke & Power Company Limited
Location: Hooghly District
Sector: Metallurgical coke and power generation
Key Features:
- Integrated coke oven and power plant
- Environment-friendly technology
- Supply to steel industry
3. MCC PTA India Corporation Pvt. Ltd.
Partners: WBIDC, Mitsubishi Chemical Corporation (Japan), Haldia Petrochemicals
Location: Haldia
Product: Purified Terephthalic Acid (PTA)
Significance:
- One of largest Japanese investments in India
- World-class petrochemical facility
- Production capacity: Over 7 lakh tonnes per annum
- WBIDC holds 5% equity stake
4. Haldia Petrochemicals Limited
Location: Haldia
Sector: Petrochemicals
Products:
- High Density Polyethylene (HDPE)
- Polypropylene (PP)
- Linear Low Density Polyethylene (LLDPE)
- Various petrochemical intermediates
Investment: Multi-thousand crore project
Benefits of Joint Ventures
- Technology transfer
- Capital infusion
- International best practices
- Employment generation
- Industrial ecosystem development
- Export opportunities
