Marine Link
Monday, October 24, 2016

HPCL to Expand Mumbai, Vizag Refinery Capacity

May 28, 2014

India's Hindustan Petroleum Corp Ltd (HPCL) aims to increase its Mumbai refinery's capacity to 200,000 barrels per day from 130,000 bpd, the company said in a statement on Wednesday.

The state-run company also aims to increase the Vizag refinery's capacity to 300,000 bpd from 166,000 bpd.

HPCL will spend 170 billion rupees ($2.88 billion) for expanding the refineries, said B.K. Namdeo, HPCL's head of refineries.

"After getting the environment approval, we hope to complete Vizag expansion in three years and the Mumbai plan in two to two-and-a-half years," Namdeo said.

He said he hopes HPCL should be able to get the environment approval by the end of this year.

($1 = 59.0250 Indian Rupees)

(Reporting by Nidhi Verma; Editing by Subhranshu Sahu)

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News