SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

BPCL to invest Rs 600 crore to set up a new LPG pipeline

18 Jul 2013 Evaluate

In a bid to set up a new LPG pipeline from Kochi to Coimbatore and enhance the storage capacity at its Irumpanam facility, Bharat Petroleum Corporation (BPCL) is planning to invest Rs 900 crore.

Of total Rs 900 crore, the company will spend Rs 600 crore on 229 km LPG pipeline which will help in minimising the road transportation of gas and connect the company’s bottling plants in Palakkad and Coimbatore thereby improving the distribution network, while Rs 300 crore will be invested at its Irumpanam installation unit near the Kochi Refinery. The storage capacity at the facility is expected to increase to 8 million tonnes with the completion of the Integrated Refinery Expansion Project (IREP)

The funds for both these projects will be in addition to the Rs 14,225 crore investments set apart by the company for IREP, which envisaged increasing the refining capacity from the present 9.5 MMTPA to 15.5 MMTPA.

BPCL Share Price

312.05 4.05 (1.31%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1365.10
Indian Oil Corp. 145.85
BPCL 312.05
HPCL 370.95
MRPL 183.20
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×