Bid & Tender
BPCL to Expand Bina Oil Refinery, says S Varadarajan

Date : Jul 14, 2015

Bharat Petroleum Corp Ltd (BPCL) Chairman and Managing Director S Varadarajan said that the company has plans to expand its Bina oil refinery in the central part of the country, by 30 per cent to 156,000 barrels per day at a cost of about $472 million.


The expansion of the refinery, operated by a joint venture of BPCL and state-owned Oman Oil Co in Madhya Pradesh, will be completed by 2018, he said.


Oman Oil, which has a minority stake in the venture, is not participating in the 30 billion rupees expansion as of now, Varadarajan said.