Chennai Petroleum plans to set up brownfield refinery in Chennai

Chennai: Chennai Petroleum Corporation Ltd plans to set up a 9 million tonnes per annum (mtpa) brownfield refinery in Manali, north of Chennai, at a cost Rs 10,000 crore.

The company plans to replace the aging 2.8 mtpa refinery and help achieve better energy/utilities management and optimal product pattern.

The project is expected to be commissioned by the end of 2015.

Also to increase the 'distillate' yield of the company's refinery and reduce fuel oil production, the company plans to install a high 'conversion resid upgradation unit' at a cost of Rs 3,350 crore.

This project is expected to be completed by 2013 end.