1.Refinery Optimisation Project completed four months ahead of schedule 2.Completion of Optimisation Project marks the end of the capex cycle; Company now geared to enjoy significant upside in margins 3. Vadinar Refinery accounts for about 10 per cent of India's refining capacity. 4.Invested over Rs 10,000 crore in expanding capacity to 20MMTPA and improving complexity to 11.8 5. Vadinar Refinery amongst most advanced refineries worldwide 6.Total investment till date at Vadinar approximately Rs 24,000 crore for 20 MMTPA 7. Capital cost at Vadinar Refinery half the global average for capacity creation 8.Refinery now capable to process over 80% of ultra heavy and heavy crude in its crude diet and produce higher grade products like Euro IV and Euro V compliant Gasoline and Gasoil to cater to the domestic and international markets Essar Oil, India's second largest private refiner, today announced that it has completed its Optimisation Project, which has taken the capacity of its Vadinar Refinery in Gujarat to 20 MMTPA, or 405,000 barrels per day. The Optimisation Project has been completed four months ahead of schedule.
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