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BPCL secures nod to commence pre project activities to set up refinery cum petrochemical complex

26 Dec 2024 Evaluate

Bharat Petroleum Corporation (BPCL) has received an approval to commence pre project activities for setting up of a green field Refinery cum Petrochemical complex in East Coast at Andhra Pradesh at an estimated cost of Rs 6100 crore. The pre project activities consists of various initial studies, land identification and acquisition, preparation of Detailed Feasibility report, Environment Impact Assessment, Basic Design Engineering package, Front End Engineering Design etc.

The Board at its meeting held on December 24, 2024, has accorded approval for the same. 

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 1166.00
Indian Oil Corpn. 132.00
Bharat PetroleumCorp 301.00
HPCL 346.00
MRPL 164.70
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