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BPCL plans to invest Rs 2,800 crore at Bina refinery in MP: Report

24 Mar 2014 Evaluate

Bharat Petroleum Corporation (BPCL) is reportedly planning to invest Rs 2,800 crore at its Bina refinery in Madhya Pradesh in order to enhance the current capacity of refinery from 6 million tonnes per annum to 8.85 million tonnes per annum. Bina refinery was commissioned in January 2011 at an investment of Rs 12,500 crore and is currently working at 100 percent capacity. The planned investment will increase the availability of products for consumers in Madhya Pradesh.

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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