GAIL (India) Ltd., a state-run enterprise, has entered into a 15-year agreement with Bharat Petroleum Corp. Ltd. (BPCL) to supply propane for its upcoming petrochemical facility in Usar, Maharashtra. Valued at over $8.4 billion (Rs. 63,000 crore), the deal entails GAIL sourcing 600 KTPA of propane from BPCL’s LPG import unit at Uran. The existing … Read more
On September 14, 2023, BPCL is set to commence the foundation-laying ceremony for the INR 4.9 trillion petrochemical complex and refinery expansion project at the Bina Refinery in Madhya Pradesh. Prime Minister Narendra Modi is expected to grace the occasion with his presence. BPCL’s vision for the Bina Refinery in Madhya Pradesh aligns with the … Read more
Bharat Petroleum Corporation (BPCL) has recently obtained approval from its board of directors for a significant undertaking known as the Ethylene Cracker Project. Ethylene Cracker Project at Bina Refinery This ambitious project encompasses the establishment of downstream petrochemical plants and the expansion of the Bina Refinery in Madhya Pradesh State. With a projected capital expenditure … Read more
Bharat Petroleum Corp Ltd (BPCL), a state-owned company in India, has announced plans to invest between Rs 430-500 billion ($5.2-6.1 billion) to expand its Bina refinery and construct a petrochemical complex in central Madhya Pradesh state. BPCL has received the necessary approvals from the state government for the project. The proposed petrochemical complex is set … Read more
Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL) have signed a Memorandum of Understanding (MoU) for synergy in the purchase and sale of hydrogen between the refineries they operate in Mumbai. This one-of-a-kind strategic partnership between the two oil marketing companies is aimed at ensuring sustained refinery operations and uninterrupted product availability … Read more