India will build a world-class oil refinery

India’s Oil Minister Pradan recently stated that several state-owned refiners in India plan to build a world-class refinery on the west coast of the country
.
India’s largest refiner, Indian Petroleum Corporation, will work with Bharat Petroleum Corporation, Hindustan Petroleum Corporation and Engineer India Co.
, Ltd.
to build a capacity of 60 million tons/year (approximately 1.
2 million barrels/year in Maharashtra).
Day) refinery
.
It is reported that the project will be constructed in two phases, the first phase will invest 1 trillion rupees (approximately US$14.
7 billion) to build a refining capacity of 800,000 barrels per day
.
The refinery will produce gasoline, diesel, liquefied petroleum gas, aviation fuel and supply raw materials to the petrochemical plant in Maharashtra
.
Xincheng Industrial Co.
owns two integrated refineries in Jamnagar near Gujarat, with a total processing capacity of 1.
24 million barrels per day, which also makes the plant the largest integrated refinery in the world
.
Currently, the construction schedule of the refinery has not been made public
.
The project design, land acquisition and construction work may take 6 to 10 years
.