BPCL unveils Rs 49,000 crore petrochemical & capacity expansion

By Editor


Bharat Petroleum Corporation (BPCL), a leading oil and gas company in India, announced its plans worth Rs 49,000 crore, increasing the company’s footprints in petrochemical segment and renewable energy.

BPCL’s Ethylene Cracker Project at Bina Refinery, including downstream Petrochemical Plants, and expansion of Refinery from 7.8 MMTPA to 11 MMTPA, will have a capital expenditure of approx. Rs 49,000 crore.

BPCL will be setting up two 50 MW wind power plants in Madhya Pradesh and Maharashtra for captive consumption at Bina Refinery and at Mumbai Refinery respectively, with total project cost of approx. Rs. 978 crore (Rs 489 crore for each project).

BPCL will be setting up Petroleum Oil Lubricants (POL) and Lube Oil Base Stock (LOBS) installations with receipt pipelines at Rasayani in Maharashtra with project cost of approx. Rs 2,753 crore.

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