Hindustan Petroleum Corporation’s (HPCL) Visakha Refinery is all set for modernisation and expansion at a cost of Rs 26,264 crore. This is by far a massive industrial project ever in Andhra Pradesh. Under the Visakha Refinery Modernisation Project (VRMP), the capacity of the refinery will be expanded from the present 8.3 to 15 Million Metric Tonne Per Annum.
The VRMP is scheduled to be completed during the year 2022-23. The modernisation and expansion project is likely to have multiple benefits and impact, including supply of Bharat Stage-VI-compliant motor fuels. It will also enhance energy security with increased refining capacity and improved refinery complexity and conversion efficiency.
Hindustan Petroleum Corporation operates two major refineries producing a wide variety of petroleum fuels and Specialties. The Company also owns and operates the largest lube refinery in the country producing lube base oils of international standards.
