BPCL board approves Rs 490 bn capex for Bina Refinery
POWER & RENEWABLE ENERGY

BPCL board approves Rs 490 bn capex for Bina Refinery

Bharat Petroleum Corporation (BPCL), a state-owned company, has received approval from its board for a major project at the Bina Refinery. The project, estimated to cost around Rs 490 billion, involves the construction of an ethylene cracker, as well as downstream petrochemical plants and the expansion of the existing refinery.

The centrepiece of the expansion initiatives is the Ethylene Cracker Project, which will facilitate the production of vital petrochemicals. It encompasses the establishment of an Ethylene Cracker Complex, downstream Petrochemical Plants, and the expansion of the current Refinery capacity from 7.8 MMTPA to 11 MMTPA, along with associated facilities at the Bina Refinery.

G Krishnakumar, C&MD of BPCL, expressed his enthusiasm for the project, stating that the company has entered the petrochemical industry with the Rs 49,000 Ethylene Cracker project at the Bina Refinery. He also mentioned the expansion of the Refining capacity to 11 MMTPA and the company's investments in Wind Energy and new age Petroleum Oil Lubricants installations.

Krishnakumar emphasised that these endeavours mark a significant milestone in BPCL's strategic pursuit of leading the way in meeting the increasing energy and petrochemical demands in India while fostering sustainability.

In addition to the ethylene cracker project, BPCL's board has approved the establishment of two 50 MW wind power plants for captive consumption. One will be located at the Bina refinery in Madhya Pradesh, while the other will be situated at the Mumbai refinery in Maharashtra. The total cost of these wind power plants is estimated to be around Rs 9.78 billion, with each project accounting for Rs 4.89 billion.

Furthermore, BPCL is making substantial investments in Petroleum Oil Lubricants (POL) and Lube Oil Base Stock (LOBS) installations, including receipt pipelines, at Rasayani in Maharashtra. This project, with an approximate cost of Rs 27.53 billion, aims to enhance storage capacity, streamline the supply chain, and optimise the distribution of essential petroleum products.

BPCL emphasised that these expansion projects align with its vision to diversify and expand into related and alternative sectors, creating additional revenue streams and fostering a cleaner environment. The company aims to achieve its Net Zero targets in Scope 1 and Scope 2 emissions by building its renewable energy portfolio.

Also read:
GAIL to build Maharashtra ethane cracker at Rs 400 bn
Noida, Greater Noida to set up waste-to-energy plant


Bharat Petroleum Corporation (BPCL), a state-owned company, has received approval from its board for a major project at the Bina Refinery. The project, estimated to cost around Rs 490 billion, involves the construction of an ethylene cracker, as well as downstream petrochemical plants and the expansion of the existing refinery. The centrepiece of the expansion initiatives is the Ethylene Cracker Project, which will facilitate the production of vital petrochemicals. It encompasses the establishment of an Ethylene Cracker Complex, downstream Petrochemical Plants, and the expansion of the current Refinery capacity from 7.8 MMTPA to 11 MMTPA, along with associated facilities at the Bina Refinery. G Krishnakumar, C&MD of BPCL, expressed his enthusiasm for the project, stating that the company has entered the petrochemical industry with the Rs 49,000 Ethylene Cracker project at the Bina Refinery. He also mentioned the expansion of the Refining capacity to 11 MMTPA and the company's investments in Wind Energy and new age Petroleum Oil Lubricants installations. Krishnakumar emphasised that these endeavours mark a significant milestone in BPCL's strategic pursuit of leading the way in meeting the increasing energy and petrochemical demands in India while fostering sustainability. In addition to the ethylene cracker project, BPCL's board has approved the establishment of two 50 MW wind power plants for captive consumption. One will be located at the Bina refinery in Madhya Pradesh, while the other will be situated at the Mumbai refinery in Maharashtra. The total cost of these wind power plants is estimated to be around Rs 9.78 billion, with each project accounting for Rs 4.89 billion. Furthermore, BPCL is making substantial investments in Petroleum Oil Lubricants (POL) and Lube Oil Base Stock (LOBS) installations, including receipt pipelines, at Rasayani in Maharashtra. This project, with an approximate cost of Rs 27.53 billion, aims to enhance storage capacity, streamline the supply chain, and optimise the distribution of essential petroleum products. BPCL emphasised that these expansion projects align with its vision to diversify and expand into related and alternative sectors, creating additional revenue streams and fostering a cleaner environment. The company aims to achieve its Net Zero targets in Scope 1 and Scope 2 emissions by building its renewable energy portfolio. Also read: GAIL to build Maharashtra ethane cracker at Rs 400 bn Noida, Greater Noida to set up waste-to-energy plant

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?