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.
Essar Projects (EPL), an engineering, procurement and construction company of Essar group, today said it has bagged a Rs 550 crore contract from Bharat Petroleum Corporation Ltd (BPCL) for executing certain packages of Kochi refinery expansion project.
Bharat Petroleum has got the much-awaited environmental clearance to expand capacities at its Kochi refinery. The company, will now be able to feed not only rising dome demand, but can also strengthen export globally as companies in the US and Europe have shut plants on sluggish economic growth and weakening global demand.