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Oil India eyes stake in BPCL's refinery in AP
Mint Kolkata
|October 29, 2025
State-run Bharat Petroleum Corp. Ltd (BPCL) is exploring a plan to jointly develop its proposed greenfield refinery and petrochemical complex in Andhra Pradesh with public sector explorer Oil India Ltd (OIL).
The companies, as part of their memorandum of understanding (MoU), will also evaluate the possibility of Oil India taking a minority equity stake in the proposed project, said a BPCL statement on Tuesday.
This story is from the October 29, 2025 edition of Mint Kolkata.
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