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BPCL planning to set up petrochemical plant at Mumbai refinery

12 Apr 2019 Evaluate

Bharat Petroleum Corporation (BPCL) is planning to invest Rs 6,877 crore to set up the Petrochemical Residue Fluidized Catalytic Cracking (PRFCC) project at its 12 million tonne per annum Mumbai refinery. The project is part of company’s plan to expand its petrochemical portfolio.

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.

Peers
Company Name CMP
Reliance Industries 1186.10
Indian Oil Corpn. 130.70
Bharat PetroleumCorp 296.50
HPCL 343.10
MRPL 172.60
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