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
Related Stories
NEWS
BEL Bharat Electronics Limited
BEL Secures Major Maintenance Contract from Indian Air Force for Akash Missile System
MDL_Mazagaon_ltd
Mazagon Dock Shipbuilders Celebrates Keel-Laying Ceremony for New International Shipbuilding Project
IAS
IAS Chandni Singh Appointed as Private Secy to Union Women & Child Development Minister
Kerala_govt_resized
2 Kerala State Civil Service Officers Elevated to Indian Administrative Service
IAS Officers Indian Administrative Services (IAS)
Karnataka IAS Officer KG Jagadeesha Repatriated to Parent Cadre
Vipul Aggarwal IPS
Central Deputation of IPS Officer Vipul Aggarwal Extended for Two Years
Maharashtra govt-logo
7 IAS Officers Reshuffled in Maharashtra, Nishi Pandey Made MD, Maharashtra Small Scale Industries Development Corporation
IPS logo resized
Tenure of IPS Rajiv Ranjan Bhagat Extended in SPG; IPS Shalin Cleared for Central Deputation
Videos
Padmapani Bora IRS
The Rise of Assam as India’s Most Exciting Tourist Spot | Exclusive with IRS Padmapani Bora
Sajjan Yadav, IAS
The Policy Maker Who Turned India’s Vaccine Story and UPSC Struggles into Bestsellers
WhatsApp Image 2025-03-21 at 14.33
Training The Cops In Mastering The Technology Used By Criminals
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
BEL Bharat Electronics Limited
BEL Secures Major Maintenance Contract from Indian Air Force for Akash Missile System
MDL_Mazagaon_ltd
Mazagon Dock Shipbuilders Celebrates Keel-Laying Ceremony for New International Shipbuilding Project
Videos
Padmapani Bora IRS
Sajjan Yadav, IAS
WhatsApp Image 2025-03-21 at 14.33
ADVERTISEMENT
ADVERTISEMENT