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Bloomberg Quint

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Image Credit: Bloomberg Quint

BPCL Picks Andhra Pradesh For New Oil Refinery-Cum-Petrochemical Complex

  • BPCL has chosen Andhra Pradesh for setting up a new oil refinery-cum-petrochemical complex.
  • The project will involve an estimated cost of Rs 6,100 crore and include pre-project activities like initial studies, land identification, and acquisition.
  • The capacity and timelines for the project have not been disclosed.
  • BPCL has plans for investment in expanding its core oil refining and fuel retailing business, as well as in new energy ventures.

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