BPCL board approves 49,000 crore ethylene cracker project at Bina refinery
POWER & RENEWABLE ENERGY

BPCL board approves 49,000 crore ethylene cracker project at Bina refinery

State-owned Bharat Petroleum Corporation (BPCL) has approved a 49,000 crore ethylene cracker project at its Bina refinery in Madhya Pradesh. The project will also include the expansion of the refinery's capacity from 7.8 million tonnes per annum (MMTPA) to 11 MMTPA.

The ethylene cracker project is the core component of the expansion and will be used to produce essential petrochemicals. The project will also include the construction of downstream petrochemical plants and associated facilities.

G Krishnakumar, Chairman and Managing Director of BPCL, said, "The approval of the ethylene cracker project is a major milestone for BPCL. It will help us to become a leading player in the petrochemicals sector and meet the growing demand for petrochemical products in India."

The board has also approved the setting up of two 50 MW wind power plants for captive consumption at the Bina and Mumbai refineries. The total project cost for the two wind power plants is approximately Rs 978 crore.

The approval of the ethylene cracker project and the wind power plants is a major investment by BPCL and is in line with the company's strategy to become a leading integrated energy company. The projects are expected to be completed in the next five years and will help BPCL to meet the growing demand for energy and petrochemical products in India.

The ethylene cracker project is expected to create over 10,000 jobs during the construction phase and over 5,000 jobs during the operational phase. The project is also expected to generate significant revenue for the government and boost the local economy.

State-owned Bharat Petroleum Corporation (BPCL) has approved a 49,000 crore ethylene cracker project at its Bina refinery in Madhya Pradesh. The project will also include the expansion of the refinery's capacity from 7.8 million tonnes per annum (MMTPA) to 11 MMTPA. The ethylene cracker project is the core component of the expansion and will be used to produce essential petrochemicals. The project will also include the construction of downstream petrochemical plants and associated facilities. G Krishnakumar, Chairman and Managing Director of BPCL, said, The approval of the ethylene cracker project is a major milestone for BPCL. It will help us to become a leading player in the petrochemicals sector and meet the growing demand for petrochemical products in India. The board has also approved the setting up of two 50 MW wind power plants for captive consumption at the Bina and Mumbai refineries. The total project cost for the two wind power plants is approximately Rs 978 crore. The approval of the ethylene cracker project and the wind power plants is a major investment by BPCL and is in line with the company's strategy to become a leading integrated energy company. The projects are expected to be completed in the next five years and will help BPCL to meet the growing demand for energy and petrochemical products in India. The ethylene cracker project is expected to create over 10,000 jobs during the construction phase and over 5,000 jobs during the operational phase. The project is also expected to generate significant revenue for the government and boost the local economy.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code