BPCL to raise capacity at Bina refinery to 9MT

Posted By: Religare
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BPCL to raise capacity at Bina refinery to 9MT
State-run refining giant, Bharat Petroleum Corp Ltd is planning to ramp the production at its newly commissioned Bina refinery in Madhya Pradesh from its present 6 million tonnes per year capacity to 9 million tonnes.

BPCL Chairman and Managing Director, RK Singh quoted, "We are looking at expanding the capacity to nine million tonnes in the first phase in what is called creeping expansion." Under the proposed expansion programme, the company intends to raise the capacity of its existing equipment, a process that may involve a time period of 3 years.

BPCL is also mulling over a second phase capacity expansion of its refinery capacity up to 15 million tonnes, once the first phase expansion is accomplished.

RK Singh further said, “Second phase expansion is contingent upon certain conditions, like availability of enough water."

Read more about: bpcl, bse, shares, oil and gas
Story first published: Thursday, May 5, 2011, 12:31 [IST]
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