BPCL to Build India’s Last Greenfield Refinery and Petchem Project

15 Jan 2025 CW Team

Bharat Petroleum Corporation Ltd (BPCL) has announced plans to set up a greenfield oil refinery and petrochemical (petchem) complex in Andhra Pradesh, marking a major step in India’s energy sector. The project, estimated at Rs 61 billion, is expected to be the last of its kind in the country. BPCL's board has approved the initiation of pre-project activities for this refinery, which include land acquisition, feasibility studies, environmental impact assessments, and basic design engineering. While BPCL has not disclosed a timeline for completion, the refinery is projected to have a capacity of at least 9 million tonnes per year (180,000 barrels per day). As India’s third-largest oil refiner, BPCL currently operates refineries in Mumbai (12 million tonnes/year), Kochi (15.5 million tonnes/year), and Bina (7.8 million tonnes/year). This new venture follows the company’s loss of the Numaligarh refinery in Assam during a failed privatization attempt. BPCL is also part of a consortium planning a 60-million-tonne refinery-cum-petrochemical complex in Maharashtra, which has faced delays due to land acquisition challenges. With India’s oil demand growing at 4-5% annually, BPCL’s new refinery is expected to support the country’s fuel needs until at least 2040. The project aligns with India’s broader energy transition plans, including a focus on clean energy and the adoption of electric vehicles (EVs). BPCL has committed Rs 1.7 trillion in investments for expanding its oil refining and fuel retailing businesses, as well as for new energy ventures. BPCL is on track to meet 7-10% of India’s primary energy demand by 2047, aiming for net-zero carbon emissions by 2040. As part of this effort, BPCL is investing in renewable energy, green hydrogen, compressed biogas, and carbon capture technologies, with ambitious goals for renewable energy capacity in the coming years. (MINT)

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..