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BPCL Plans To Spend Rs 10,000 Crore To Boost Its Refining Capacity

Industry Petroleum & Natural Gas

Bharat Petroleum Corporation is planning to spend about Rs 10,000 crore in 2016-17 to expand and upgrade its refining capacity and augment its marketing infrastructure. An expansion underway at Kochi refinery will take about 40% of the BPCL's planned capex for 2016-17. The refinery is adding 6 MTPA to the existing capacity of 9.5 MTPA. BPCL's total capacity is about 27.5 million tonne.

Extracted from ET, Mar 23,’16

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