Business EconomyPosted at: Mar 14 2026 6:45PM


Telangana CM to inaugurate Rs 300 Cr Palm oil processing factory in Siddipet District soon

Siddipet (Telangana), March 14 (UNI) Telangana Chief Minister Revanth Reddy will inaugarate the state-of-the-art palm oil processing factory at Narmetta in this district.
The facility is constructed at a cost of Rs 300 crore under Telangana Oil Fed. The factory was completed in a record 18 months, and will soon be inaugurated by the CM, said Agriculture Minister Tummala Nageswara Rao here on Saturday.
He said Telangana government is taking decisive steps to transform the state into the country’s oil palm hub.
Speaking to reporters after inspecting the factory, along with Minister Ponnam Prabhakar and Oil Fed Chairman Janga Raghavareddy, Tummala said “This factory marks a new phase for oil palm cultivation in Telangana.”
Built using advanced Malaysian technology, the facility can process 30 to 120 tonnes of palm fruit per hour, the Minister that it includes units for crude palm oil and palm kernel oil production, a 4 MW bio-power plant, and a zero-liquid discharge water treatment system.
Residual waste from oil extraction will also be used to generate electricity, he informed.
The Minister noted that oil palm is a long-term crop capable of providing stable income for farmers for 25 to 30 years.
He urged farmers to diversify beyond paddy cultivation and adopt commercial crops like oil palm, vegetables, and horticultural produce. Intercrops such as cocoa, jackfruit, and macadamia can also be cultivated for additional income.
Subsidies of up to Rs 50,921 are available to farmers, along with free seedlings and drip irrigation equipment, he said.
Oil palm prices have risen from Rs 12,000 per tonne to Rs 21,546 per tonne, with the minister appealing to the Prime Minister to raise it further to Rs 25,000 per tonne.
Currently, around 2.91 lakh acres in Telangana are under oil palm cultivation, involving 42,758 farmers, he said the Siddipet district alone accounts for 14,361 acres and 4,469 farmers.
With India importing nearly 164 lakh tonnes of edible oils annually, 59 percent of which is palm oil, the government emphasises oil palm cultivation as a step toward self-sufficiency, said Tummala.
Ahead of the factory inauguration, a three-day awareness programme will be held for farmers, including demonstrations on cultivation and processing techniques and interactions with experts, he said.
Tummala said the state government aims to expand oil palm cultivation to one million acres in the coming years, boosting farmers’ income and strengthening rural economies, with Telangana emerging as a model for the country.
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