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BPCL TO COMMENCE WORKS FOR PETCHEM COMPLEX
The New Indian Express Vijayawada
|December 25, 2024
IN a communication sent to SEBI (Securities and Exchange Board of India) and BSE (Bombay Stock Exchange), Bharat Petroleum Corporation Limited (BPCL) informed that its board, during a meeting held on Tuesday (December 24), has approved the initiation of pre-project activities with an investment of ₹6,100 crore for the establishment of a greenfield refinery-cum-petrochemical complex on the East Coast of Andhra Pradesh.
As part of the pre-project activities, various studies will be conducted, including steps to identify and acquire land, preparation of a detailed feasibility report, conducting environmental impact assessments, and the development of a basic design engineering package and front-end engineering design.
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