Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessCompaniesEssar Oil plans 35-day refinery shutdown

    Essar Oil plans 35-day refinery shutdown

    Essar Oil plans to completely shut down its 280,000 barrels per day (bpd) Vadinar refinery for 35 days in May-June to add new units and raise capacity to 360,000 bpd, it said in a statement on Monday.

    January 17, 2011 / 19:38 IST
       
       
      26 Aug, 2025 12:21
      Volume
      Todays L/H
      More

      Essar Oil plans to completely shut down its 280,000 barrels per day (bpd) Vadinar refinery for 35 days in May-June to add new units and raise capacity to 360,000 bpd, it said in a statement on Monday.


      "Essar Oil will also take advantage of the period of shutdown to carry out routine maintenance work at the refinery," it added.


      During the shutdown, Essar Oil plans to raise the capacity of its fluid catalytic cracker by 1 million tonnes to 3.9 million tonnes a year, the statement added.


      The expansion would improve the plant's complexity to process nearly 90 percent heavy and ultra-heavy crude and refining margins.


      The company said it was on track to further expand capacity to 400,000 bpd by September 2012 at an investment of Rs 17 billion (USD 373 million).


      Essar Oil said ancillary units to support the expanded refinery have either been commissioned or are under trial operations.


      "This will include a new 380-megawatt, gas-fired power plant for power and process steam, a new jetty and road gantry for product evacuation, and 30 new tanks for storage of crude and products".

      Essar, which also sells fuel locally, said 1,385 retail outlets are currently operational and 240 more were in various stages of construction.

      first published: Jan 17, 2011 06:57 pm

      Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

      Subscribe to Tech Newsletters

      • On Saturdays

        Find the best of Al News in one place, specially curated for you every weekend.

      • Daily-Weekdays

        Stay on top of the latest tech trends and biggest startup news.

      Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
      CloseOutskill Genai