Green flags to Rs 500 bn BPCL proposal for Bina refinery by MP govt
OIL & GAS

Green flags to Rs 500 bn BPCL proposal for Bina refinery by MP govt

According to an official, the Madhya Pradesh Investment Promotion Committee, which is chaired by Chief Minister Shivraj Singh Chouhan, on Tuesday, April 11 approved a revised proposal for the expansion of BPCL's Bina Refinery and the creation of a petrochemical project, amounting to Rs 430 to Rs 500 billion.

About 2000 young people are anticipated to receive jobs under the scheme, he said. The production will probably begin by the 2027–2028 fiscal year. The complex will create a variety of petroleum byproducts, including bitumen, benzene, ATF (aviation turbine fuel), HDPE (high-density polyethylene), LLDPE (linear low-density polyethylene), and petrol, and diesel, among others.

Also Read
India is expected to outstrip China's oil demand
Numaligarh Refinery records highest crude output of over 3 mln tn

According to an official, the Madhya Pradesh Investment Promotion Committee, which is chaired by Chief Minister Shivraj Singh Chouhan, on Tuesday, April 11 approved a revised proposal for the expansion of BPCL's Bina Refinery and the creation of a petrochemical project, amounting to Rs 430 to Rs 500 billion. About 2000 young people are anticipated to receive jobs under the scheme, he said. The production will probably begin by the 2027–2028 fiscal year. The complex will create a variety of petroleum byproducts, including bitumen, benzene, ATF (aviation turbine fuel), HDPE (high-density polyethylene), LLDPE (linear low-density polyethylene), and petrol, and diesel, among others. Also Read India is expected to outstrip China's oil demandNumaligarh Refinery records highest crude output of over 3 mln tn

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?