Published On:January 27 2014
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BPCL plans to spend Rs. 13,000 cr for expanding Numaligarh refinery.

BPCL plans to spend Rs. 13,000 cr for expanding Numaligarh refinery. India's second biggest state-run refiner Bharat Petroleum Corporation Ltd. (BPCL) plans to spend about Rs.13,000 crore on expanding its Numaligarh refinery in Assam by 2017-18.

The company plans to expand the Numaligarh refinery to 9 million tonnes from the current 3 million tonnes, Chairman and Managing Director S. Varadarajan said.

'We are still at the drawing-board stage for the expansion. We need tax concessions both from the central and state governments to make the expansion economically viable,' he said.

HBL


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