BPCL, HPCL and EIL to construct refinery in India
According to Indian Oil Minister, Dharmendra Pradhan, several Indian oil firms will invest INR1.5 billion (equivalent to US$22.085 million) in the construction of India’s largest and most comprehensive refinery.
As reported by The Economic Times, Indian Oil Corp (IOC), one of Indian’s leading refiners, has planned a 60 million tpy oil refinery in Maharashtra along with Bharat Petroleum Corp Ltd (BPCL), Hindustan Petroleum Corp Ltd (HPCL) and Engineers India Ltd (EIL).
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