Bina Refinery

The proposed deal would help BPCL expand at a time when India is boosting its petrochemical capacity to keep pace with growing plastics consumption.

PM to lay foundation stone of Rs 49,000 crore petchem complex in Bina on September 14

The project will "bring prosperity and happiness in the entire region of Bundelkhand," an official statement said.

BPCL receives board approval for ethylene cracker project at Bina refinery

The project, with a capital expenditure of Rs 49,000 crore, includes establishment of an ethylene cracker complex, downstream petrochemical plants and expansion of the existing refinery capacity.

BPCL gets Madhya Pradesh govt's nod for Bina refinery expansion, petrochemical project

BPCL will invest an amount ranging from Rs 43,000 crore to Rs 50,000 crore for the two projects, the Madhya Pradesh government said in a release.

COVID-19 update | BPCL opens 200-bed hospital at Bina Refinery

The refinery in central Madhya Pradesh has also launched a vaccination camp to inoculate all frontline workers and their families apart from all contract workers for free.

BPCL acquires Oman's 36.6% stake in Bina Refinery

The deal for buying Oman’s stake comes at a time when the government is looking to offload its entire stake in BPCL.

BPCL may use proceeds from NRL deal to fund acquisition of Oman's stake in Bina Refinery

BPCL will also be paying a dividend to shareholders after the completion of NRL deal.

Exclusive | BPCL may buy Oman oil company OQ's stake in Bina refinery for Rs 2,000 crore

According to a source close to the development, the deal is likely to happen before the privatisation of BPCL

BPCL hopes to take Bina Refinery public next fiscal

Vardarajan, who will be retiring next week, later told PTI that Bina had reported over Rs 300 crore profit last fiscal, its first ever, and has also shown improved performance in the first quarter of the current year as well.

Govt allows BPCL to pump in more equity into Bina refinery

BPCL, India's second-biggest state refiner, plans to raise Bina refinery capacity in two phases - to 7.8 million tonnes a year from current six million tonnes at a cost of Rs 3,072 crore by 2018 and then to 15 million tonnes at an additional investment of Rs 18,000-20,000 crore in five-six years.

BPCL, Oman Oil looking to sell 24% stake in Bina refinery

The refinery is a joint venture with Oman's state oil firm. The company wants to boost the capacity of the refinery by about 30 percent, BPCL Chairman S. Varadarajan said.

BPCL to go ahead with Bina expansion sans Oman Oil Co

With Oman Oil Company reluctant to put more money, Bharat Petroleum Corp Ltd has decided to fund the Rs 18,000-20,000 crore expansion of the Bina refinery in Madhya Pradesh on its own.

BPCL plans Rs 23,000-cr capacity expansion at Bina refinery

Bharat Petroleum Corporation (BPCL) plans to more than double capacity of its Bina refinery in Madhya Pradesh to 15 million tonnes at a cost of about Rs 23,000 crore.

BPCL keen on Bina Refinery IPO next fiscal

The second largest oil marketing company Bharat Petroleum Corporation Ltd (BPCL) is hopeful of taking its 6-million tonne Bina Refinery public next fiscal, its Chairman and Managing Director R K Singh has said.

Iran crisis could send crude soaring: Macquarie's Jal Irani

The increasing isolation of Iran on the global scene could send crude oil prices soaring, feels Jal Irani, managing director - oil & gas research, Macquarie Group.