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BPCL, Oil India to build ₹1-lakh-cr refinery in AP
Financial Express Mumbai
|October 29, 2025
BHARAT PETROLEUM CORPORATION (BPCL) and Oil India (OIL) signed anon-binding agreement on Tuesday to develop a refinery and a petrochemical complex at an investment of ₹1 lakh crore in Andhra Pradesh.
BPCL also signed agreements with Numaligarh Refinery (NRL) and Oil India on a ₹3,500-crore cross-country pipeline, and with Fertilisers and Chemicals Travancore (FACT) to market organic fertilisers from its Kochi biogas plant.
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