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.