Bharat Petroleum Corporation (BPCL) is likely to invest Rs 25,000 crore in next 3-4 year to fund expansion and modernization plan for its four refineries across the country. Out of which, Rs 7,000 crore has been earmarked Rs 7,000 crore for new pipelines which will ensure cost-effective transport of products. An additional Rs 6,000 crore will go towards creation of infrastructure for gas distribution.
With the expansion plans, the company aims to fulfill the growing demand for products in the country, by boosting production and make the facility more energy-efficient. The expansion plan includes its expansion at Mumbai facility, the oldest in its kitty, which began operations way back in 1955.
