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Greenfield Refinery
November 1 , 2025
7 days
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- Bharat Petroleum Corporation Limited (BPCL) and Oil India Limited (OIL) signed a MoU to explore collaboration on a greenfield refinery near Ramayapatnam Port, Andhra Pradesh.
- The proposed refinery and petrochemical complex will have a capacity of 9–12 million tonnes and an estimated investment of ₹1 lakh crore.
- The Ramayapatnam project will include a 1.5 million tonnes per annum (MTPA) ethylene cracker unit, the first of its kind in southern India, with 35% petrochemical intensity.
- Commercial operations are expected by fiscal year 2030, and the project aims to boost energy security, industrial development, and job creation.
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