India’s Refining Capacity to Rise by 652 Thousand b/d by 2027: Report

22 Apr 2025 CW Team

India is projected to add 652 thousand barrels per day (b/d) of refining capacity by the end of 2027, increasing total capacity from 5,282 thousand b/d in March 2025 to 5,935 thousand b/d, according to energy intelligence firm Kpler.

The increase will come from a series of greenfield and brownfield projects, excluding the Vizag refinery upgrade. However, the report cautioned that the complexity and scale of these expansions require close monitoring.

Kpler pointed to global examples such as Al Zour, Jizan, Dos Bocas, and Dangote — all of which faced delays in mechanical commissioning and startup — to highlight the risks involved in executing large-scale refinery projects.

While India’s timeline appears optimistic, the firm urged a cautious approach, stating that even well-planned projects often encounter unforeseen delays. The expansion drive aligns with India’s long-term strategy to meet growing domestic fuel demand and strengthen its role as a key exporter of refined petroleum products.

Industry observers say project management, supply chain coordination, and regulatory clearances will be crucial for timely delivery and operational efficiency.

Source: The Hindu BusinessLine

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..