https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

BPCL Showcases ₹49,000 Crore Bina Petrochemical Project at Indore Meet – Aims to Boost Polymer Self-Reliance

The event positioned Bina as an emerging hub in India’s petrochemical map, driven by its strategic location, integrated infrastructure, and investor-friendly policies of the Madhya Pradesh government.
Indian Masterminds Stories

Indore/New Delhi: Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and a Maharatna PSU, unveiled its ambitious ₹49,000 crore Bina Petrochemical Project during a high-profile Investor & Customer Meet held at the Brilliant Convention Centre, Indore. The event was co-hosted with the Madhya Pradesh Industrial Development Corporation (MPIDC) and the Indian Plast Pack Foundation (IPPF).

Themed “Resolute Bharat: Expanding Horizons and Shaping the Future of Petrochemicals,” the meet spotlighted the massive expansion of the Bina Refinery and its transformation into a cutting-edge petrochemical complex that aligns with India’s self-reliance goals under the Make in India initiative.

A Game-Changer for India’s Polymer Industry

BPCL’s ₹49,000 crore investment is set to significantly boost the domestic production of essential petrochemicals, including Polypropylene, HDPE/LLDPE, Benzene, Toluene, and Mixed-Xylene. These high-value polymers are crucial for sectors such as packaging, agriculture, automotive, and consumer goods.

By enhancing the availability of globally benchmarked raw materials, the Bina project is expected to reduce India’s dependency on imports, promote downstream manufacturing, and create extensive economic ripple effects.

Bina: Poised to Become a Petrochemical Powerhouse

The event positioned Bina as an emerging hub in India’s petrochemical map, driven by its strategic location, integrated infrastructure, and investor-friendly policies of the Madhya Pradesh government.

1997 batch IAS officer Raghwendra Kumar Singh, Principal Secretary, Department of Industrial Policy & Investment Promotion, Government of Madhya Pradesh, emphasized the state’s commitment –

“Madhya Pradesh has emerged as a strong investment hub with reliable energy, an extensive land bank, and seamless connectivity to global markets. The expansion of BPCL’s Bina Refinery and the upcoming ₹52,000 crore petrochemical complex will create major downstream opportunities. With dedicated plastic parks, CIPET training facilities, and developed industrial areas, we are building a robust ecosystem for investors.”

Accelerating Self-Reliance in Petrochemicals

Subhankar Sen, Director (Marketing), BPCL, called the Bina expansion a strategic milestone

“The Bina Petrochemical Project marks a pivotal step in strengthening India’s self-reliance in polymers. Our ₹49,000 crore investment will not only boost domestic availability of key materials but also create competitive opportunities for downstream industries.”

The project aligns with the national energy transition goals and reflects BPCL’s commitment to sustainability, innovation, and industrial growth.

Investor Meet Brings Stakeholders Together

The meet saw active participation from stakeholders across government, industry, and investment communities. Senior leaders from BPCL and MPIDC engaged with participants on feedstock security, policy incentives, and the roadmap for a thriving petrochemical ecosystem in the region.

With strong interest from industry leaders and entrepreneurs, the event reaffirmed Bina’s potential as a major investment destination, driving both economic development and industrial modernization in Madhya Pradesh and beyond.

About BPCL

Bharat Petroleum Corporation Limited (BPCL) is India’s second-largest Oil Marketing Company and a key player in the country’s energy landscape. It operates three major refineries – Mumbai, Kochi, and Bina – with a combined capacity of 35.3 MMTPA.

BPCL boasts a vast infrastructure network, including

  • 23,500+ fuel stations
  • 6,200+ LPG distributorships
  • 80 POL storage locations
  • 54 LPG bottling plants
  • 79 aviation service stations
  • 5 cross-country pipelines
  • 6,500+ EV charging stations

As part of its green vision, BPCL aims to become a Net Zero Energy Company by 2040 (Scope 1 & 2 emissions), anchoring its strategy around decarbonization, circular economy, and digital innovation.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
IFS Rajesh Sharma
IFS Rajesh Sharma Awarded Leadership Excellence Award for Transforming Himachal’s Education | Career Highlights Inside
Devipura Floods
Indian Army Rescues Over 50 Villagers, Including Infant, in Devipura Flood Operations
Dopt MoU ESRI
Department of Posts To Expand DIGIPIN Capabilities for Citizen-Friendly Services with GIS Support - Know More
SBI_resized
SBI Announces Senior Management Changes as Surender Rana Retires, Rajesh Kumar Steps In
MOIL
Leadership Update: MOIL Elevates Kishor Chandrakar and Rajesh Verma as Executive Directors on Its Board
IAS Officer B
Former IAS Officer B. Lakshmikantham Honoured with Lifetime Achievement Award at Oxford for Transforming Educational Ecosystem
NTPC Kanti
NTPC Kanti Honoured with Global Water Tech Award 2025 for Pioneering Water Conservation Efforts
IAS Sakshi Sawhney Amritsar DC
Punjab Floods: IAS Sakshi Sawhney’s Emotional Appeal to Elderly Man Wins Hearts, Video of Humanity Goes Viral
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
Decoding Digital Dangers: Insights from IPS Shikha Goel on Cyber Crimes
IPS Mukesh Kumar Bhamoo
Managing Elections, Communal Tensions, and Public Safety – Meet IPS Mukesh Kumar Bhamoo | Video Interview
WhatsApp Image 2025-08-25 at 13.56
Operation Hunt: IPS Dr. Karanraj Vaghela’s Mission to Nab Valsad’s Most Wanted
ADVERTISEMENT
UPSC Stories
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
WhatsApp Image 2025-08-12 at 7.27
First Attempt IRS, Fourth Attempt IPS: The Relentless Pursuit of Jitendra Kumar Yadav Who Cracked UPSC 3 Times
IPS Yadav is originally from Chhattisgarh. He was first selected for the IRS through UPSC and later for...
Social Media
IAS Sakshi Sawhney Amritsar DC
Punjab Floods: IAS Sakshi Sawhney’s Emotional Appeal to Elderly Man Wins Hearts, Video of Humanity Goes Viral
Viral Video Captures Emotional Moment as Amritsar DC Shows Sensitivity and Courage Amid Relief Effor...
Masahiro Hara
From Go Board to Global Use, How QR Codes Changed the World: IRAS Officer Ananth Rupanagudi Spotlights Masahiro Hara’s Vision
IRAS officer Ananth Rupanagudi shared a video on Masahiro Hara, the inventor of QR codes, highlighting...
IFS Susanta Nanda Video
A Mother’s Duty: Tigress Watches Over Cubs Splashing in Waterhole — Heartwarming Video Shared By Retd. IFS Officer Susanta Nanda
A tender wildlife video shared by Retd. IFS officer Susanta Nanda shows a tigress keeping watch over...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
IFS Rajesh Sharma
IFS Rajesh Sharma Awarded Leadership Excellence Award for Transforming Himachal’s Education | Career Highlights Inside
Devipura Floods
Indian Army Rescues Over 50 Villagers, Including Infant, in Devipura Flood Operations
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
IPS Mukesh Kumar Bhamoo
WhatsApp Image 2025-08-25 at 13.56
ADVERTISEMENT
ADVERTISEMENT