Bharat Petroleum Corporation (BPCL) is reportedly planning to invest Rs 16,600 crore for ramping up the capacity of its refinery at Numaligarh in Assam’s Golaghat district from three million tonnes per annum to nine million tonnes.
The project includes laying a 1,350-km pipeline to bring in crude from a port on the east coast. Of total, the State-run oil refiner-marketer will invest about Rs 8,800 crore for refinery expansion, while the remaining investment is expected to go into laying the pipeline and other assorted facilities.
The project would mark the single-largest investment in Assam and boost economic activities in the north-east as well as unlock potential for exporting fuels to India’s eastern neighbourhood.
BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.
