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A Whooping Investment of USD 4 Billion to Double Oil Refining Capacity by BPCL

News

Bharat Petroleum Corp Ltd (BPCL) plans to invest about USD 4 billion for more than doubling capacity of its Bina oil refinery in Madhya Pradesh. 

Source: ET

SNP Insight

The investments is likely come as a big boost in the downstream Oil & gas segment of the country. The proposed capacity addition plans will further enhance the oil refining capacity much needed to balance the growing oil demand in the country.

Source: SNP Infra Research