HPCL plans to set up Rs 30,000-crore refinery on west coast

Hindustan Petroleum Corporation (HPCL) plans to invest Rs 30,000 crore to set up a 15-16 million tonne-a-year refinery on the west coast. The new refinery is being mulled to make up for space constraint that its Mumbai refinery faces at present.

The refinery may be set up in Raigad district of Maharashtra.