New petrochemical projects planned by BPCL
Bharat Petroleum Corporation Ltd (BPCL) has plans to increase its integrated refining and petrochemical capacities within the next 5 to 7 years to meet growing energy demand. The firm is exploring building a new 180,000-300,000 barrel-per-day (bpd) oil refinery in southern Andhra Pradesh state or northern Uttar Pradesh state.
These new capacities will be in addition to a project, worth 1.7 trillion rupees announced earlier this year.