MoU for Barmer Refinery & Jhalawar MRO: Rajasthan Promises Stable Economy and Job Opportunities

After winding up the pending 16000-crore Barmer refinery project, Vasundhara Raje led Rajasthan government inked an MoU for MRO in Jhalawar. Two major achievements back to back portray that BJP government is serious when it comes to on-ground performances…

The critics may call it BJP’s strategy to leverage Barmer refinery and Jhalawar MRO projects for electoral gains in the upcoming Rajasthan state assembly elections, but one cannot ignore this fact that these multi-million projects will prove beneficial for common men in the long run. Having sculpted the loan sum from a whooping Rs 56040 crores to Rs 16,845 crores, Rajasthan CM has set an example in economic management, quite contrary to her preceding governments. This ground-breaking achievement was followed by the inking of an MoU for Jhalawar MRO (Maintenance, Repair and Overhaul of Aircrafts) this week.

The Upcoming MRO in Jhalawar Promises 2000 New Job Opportunities to the Youth

The official agreement for the MRO was signed on behalf of Rajasthan government, between RIICO chairman Mr. Umesh Kumar and SVP (Sri Vallabh Pittie) group at CM Residence this week. The total investment for this project was Rs 2000 crores. For those who don’t know, the SVP group has already invested Rs 445 crore separately in a yarn manufacturing unit at Jhalawar. Now, they’re a part of this bipartite agreement that promises 2000 employment opportunities to youth in future. The project is yet another milestone for Jhalawar—the constituency of Rajasthan CM Vasundhara Raje.

As opposed to Barmer refinery, the MRO project didn’t attract much attention. Rajasthan government is yet to announce this deal in public. Sources reveal that authorities are working on a special purpose vehicle in collaboration with the company officials. This move will ensure on-time implementation of the project. The estimated time for completion of Jhalawar MRO is 7 years.

Jhalawar will be the Third Indian City to Receive this Gift…

Currently, there are just 2 MRO facilities in India (at Bangalore and Hyderabad). Jhalawar will be the third city in India to manage MRO facilities. This MRO will handle high-end operations. Thus, airline operators don’t have to turn to overseas facilities for aircraft maintenance. Rumors state that SVP group has involved Air France experts for developing this MRO hub. Their advanced technologies will be put to practice at Jhalawar MRO.