BPCL and Oil India set to build US$11 billion refinery

Bharat Petroleum Corp. Ltd (BPCL) and Oil India (OIL) are set to build an integrated greenfield refinery and petrochemical plant in Ramayapatnam, India, with an estimated investment of IR1 lakh crore (US$11 billion). BPCL has signed three landmark memoranda of understanding MoUs with Oil India Ltd (OIL), Numaligarh Refinery Ltd (NRL), and Fertilisers & Chemicals […]

BPCL inks Rs 1 lakh cr MoU with OIL for Ramayapatnam refinery project

Hyderabad: Bharat Petroleum Corporation Limited (BPCL) on Tuesday signed three Memoranda of Understanding (MoUs) with Oil India Limited (OIL), Numaligarh Refinery Limited (NRL), and Fertilisers & Chemicals Travancore Limited (FACT). BPCL and OIL signed a non-binding MoU to explore collaboration in developing BPCL’s upcoming Greenfield Refinery and Petrochemical Complex near Ramayapatnam Port in Nellore district, […]