https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

BPCL to Build India’s Costliest Refinery in Andhra Pradesh At Rs. 95,000 crores

This will be India’s most expensive refinery project, surpassing HPCL's Rs. 71,814 crore refinery in Barmer, Rajasthan
Indian Masterminds Stories

Bharat Petroleum Corporation Limited (BPCL) plans to establish a 9 million tonnes per year oil refinery-cum-petrochemical complex in Andhra Pradesh, with an estimated cost of Rs. 95,000 crore. This will be India’s most expensive refinery project, surpassing Hindustan Petroleum Corporation Limited’s (HPCL) Rs. 71,814 crore refinery in Barmer, Rajasthan.

BPCL’s board has approved Rs. 6,100 crore for pre-project activities, including land acquisition, feasibility studies, and preparation of a detailed project report (DPR). The final investment decision (FID) is expected by late 2025, with the refinery set to be operational within 48 months post-FID. The Andhra Pradesh government has also offered substantial capital subsidy incentives for the project.

The refinery will process 9 million tonnes of crude annually, producing 3–3.5 million tonnes of fuels like petrol and diesel, and 3.8–4 million tonnes of petrochemical feedstock. BPCL is exploring joint venture partnerships to share the investment burden.

Currently, BPCL operates refineries in Mumbai, Kochi, and Bina, with a total capacity of 35.3 million tonnes per year. The new refinery will boost India’s refining capacity, which stands at 256.8 million tonnes and is projected to reach 300 million tonnes by 2030.

Despite global shifts towards renewable energy, India’s oil demand is growing at 4–5% annually. The Andhra refinery is expected to meet domestic demand through 2040, aligning with the country’s clean energy goals, including achieving net-zero emissions by 2070.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
India at UN Forest
India Leads the Way with Groundbreaking Forest Initiatives at UN Forum, Unveils International Big Cat Alliance
Defence Ministry
Govt Bans Live Coverage of Defence Ops to Safeguard National Security – Key Do’s and Don’ts Explained
Canara Bank
Canara Bank Q4 Profit Jumps 28% to ₹5,070 Crore on Lower Provisions, Higher Non-Core Income
Gujarat-government resized
5 Officers, Including 4 IAS, Given Addl Charge in Gujarat, Vijay Kharadi Made Commissioner of Fisheries
Uttar Pradesh UP Government
3 IAS & 18 PCS Officers Transferred in Uttar Pradesh, Diksha Joshi Made Joint Magistrate Meerut
Supreme Court of India SCI
CJI Initiates Removal Proceedings Against Justice Yashwant Varma Over Cash Recovery Allegations
ONGC_resized
Denial of Media Report Regarding Mumbai High Tender and ONGC-bp Partnership
Closeup of word on wooden cube on wooden desk background concept - Fraud
Chartered Accountant Arrested in Rs. 7.85 Crore GST Input Tax Credit Fraud in Delhi
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Sandeep Tamgadge
IPS Sandeep Tamgadge’s Two Decades of Service in Nagaland
IMG-20250429-WA0019
How Mission IAS is Transforming Dreams of Underprivileged UPSC Aspirants
Aakash Garg
Computer Engineer Aakash Garg Takes AIR-5 in UPSC CSE 2024 Through Sheer Discipline And Hard Work | Exclusive
ADVERTISEMENT
UPSC Stories
iqbal-ahmad-upsc-2024
From Cycle Repair Shop to UPSC Rank 998: UP's Iqabal Ahmad’s Inspiring Journey Against All Odds
Iqbal Ahmad, son of a handyman from Sant Kabir Nagar, secured 998th rank in UPSC 2024, fulfilling his...
IPS Sandeep Tamgadge
IPS Sandeep Tamgadge’s Two Decades of Service in Nagaland
For over 20 years, IPS officer Sandeep Tamgadge has served Nagaland, navigating its unique cultural landscape...
Shubham Kaurav UPSC
Four Attempts, One Dream: How Shubham Kaurav Cracked UPSC CSE with AIR 291
With determination, self-study, and a strategic mindset, Gwalior’s Shubham Kaurav turned years of hard...
Social Media
Fakenews
Be Aware: Fake Videos and Propaganda Cloud Public Discourse After India’s Cross-Border Strike
In the aftermath of Operation Sindoor, numerous false and doctored videos claiming to show the strikes...
Indore Road Safety Campaign by Air Hostesses
The Cleanest of India, Indore, Launches Inclusive Road Safety Campaign Featuring Air Hostesses - Know More!
In a unique civic initiative, Indore Traffic Police deployed air hostesses using sign language at key...
Shakti Dubey AIR 1
UPSC Rank 1 Shakti Dubey's Success Sparks Debate on Civil Services Examination System, Ex-IPS Officer Raises Questions
Shakti Dubey’s UPSC Rank 1 success has sparked debate after ex-IPS officer Yashovardhan Azad questioned...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
India at UN Forest
India Leads the Way with Groundbreaking Forest Initiatives at UN Forum, Unveils International Big Cat Alliance
Defence Ministry
Govt Bans Live Coverage of Defence Ops to Safeguard National Security – Key Do’s and Don’ts Explained
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Sandeep Tamgadge
IMG-20250429-WA0019
Aakash Garg
ADVERTISEMENT
ADVERTISEMENT