BPCL plans to invest up to Rs 95,000 cr for a new refinery in Andhra Pradesh

BPCL is planning a major ₹95,000 crore investment to build a new refinery and petrochemical complex near Ramayapatnam Port in Andhra Pradesh, with capacity to refine about 9 million tonnes of crude oil each year.

Bharat Petroleum Corporation Ltd (BPCL) is planning to invest up to ₹95,000 crore in a new greenfield oil refinery and petrochemical complex near Ramayapatnam Port in Andhra Pradesh.

The proposed facility aims to refine 9 million tonnes of crude oil annually and expand BPCL's petrochemical portfolio. This strategic investment aligns with India's vision of becoming a global refining and petrochemical hub.

BPCL is currently evaluating the feasibility of the project, with pre-project activities underway.