HPCL sets 48 month deadline expansion of Visakh Refinery

摘要

Hindustan Petroleum Corporation Limited has announced that it will complete the expansion of Visakh Refinery within 48 months. The board, which met on July 20, approved to fund Visakh Refinery Modernisation Project (VRMP) with an investment of Rs.20,928 crore one among a few major investments in the State post-bifurcation. After the board meeting, the BSE was informed, as per thehindu.com. The Ministry of Environment and Forests had already accorded clearance to the modernisation project. The capacity of the existing refinery will be expanded from 8.33 mln ton to 15 mln ton.