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AlwaysFree: India's Bharat Petroleum Gets Madhya Pradesh State Govt Approval For Refinery Expansion

Author: SSESSMENTS

According to Reuters article published on April 14, 2023,  Indian state-owned oil marketing company Bharat Petroleum Corporation Ltd (BPCL.NS) on Friday said it had received approval from the Madhya Pradesh state government for expanding its Bina refinery and setting up a petrochemical project.

Bharat Petroleum will invest 430 billion rupees ($5.27 billion) to 500 billion rupees for the two projects, adding that the petrochemical project would start production by fiscal year 2027-28.

($1 = 81.6580 Indian rupees)

Tags: All Products,AlwaysFree,Asia Pacific,English,India

Published on May 2, 2023 9:56 AM (GMT+8)
Last Updated on May 2, 2023 9:55 AM (GMT+8)