In a bid to process cheaper, high-sulphur crude to improve margins and products, Bharat Petroleum Corporation (BPCL) is planning to increase capacity of Kochi refinery by 63%. The Rs 14,225-crore expansion and up-gradation project will see the southern India-based refinery processing 310,000 barrels per day (bpd), the country's second-biggest state-run refiner.
Initially, the company is planning to expand the capacity of its 190,000 bpd Kochi refinery capacity to 300,000 bpd by March 2015.
Further, BPCL plans to boost capacity at the Bina refinery to 180,000 bpd from 120,000 bpd. It also operates a 240,000-bpd refinery in Mumbai and has a majority stake in a 60,000 bpd refinery in northeast India.
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.
