Active Stocks
Thu Apr 18 2024 11:35:17
  1. Tata Steel share price
  2. 163.00 1.84%
  1. Power Grid Corporation Of India share price
  2. 284.35 3.64%
  1. NTPC share price
  2. 358.65 -0.17%
  1. Infosys share price
  2. 1,429.25 1.02%
  1. Wipro share price
  2. 450.80 0.49%
Business News/ Companies / BPCL plans 60,000 bpd expansion at Bina refinery
BackBack

BPCL plans 60,000 bpd expansion at Bina refinery

BPCL plans 60,000 bpd expansion at Bina refinery

Premium

Kuala lumpur: Bharat Petroleum Corp plans to add 60,000 bpd in capacity to its 120,000 bpd Bina refinery, Bharat chief executive R.K. Singh told reporters on Sunday.

The company also planned to build a cracking unit at its Kochi refinery, he said. The company would spend 18, 000 crore in total on the expansion, he said ahead of an industry event in Malaysia.

India’s diesel demand would grow by around 8-10% this year, but the country should avoid the need to import the fuel if all refineries run withouth glitches, he said.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 05 Jun 2011, 06:25 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App