Explanation:

The Assam Gas Cracker Project envisages the setting up of facilities for the manufacture of two lakh tonnes of ethylene annually using petroleum gas as feedstock.The Assam Gas Cracker Project was conceived by the Assam State Industrial Corporation (AIDC) in 1984. It was only in January 1991 that AIDC received the letter of intent from the Central Government permitting the former to set up the project in joint venture with a private sector partner.