Bharat Petroleum Corporation Limited, BPCL to invest Rs 20,000 crore in KRL expansion, Latest stock price
Public sector BPCL will invest Rs 20,000 crore in Kerala for the expansion of its facility at Kochi Refinery and setting up a Petrochemcial complex, a top official today said.
The proposal is to expand the capacity of the KRL plant from 9.5 million tonnes per annum to 15.5 million tonnes per annum, BPCL Chairman and Managing Director R K Singh said at the ongoing 'Emerging Kerala' investors meet here.
BPCL would also be setting up a Petrochemical complex at nearby Ambalamugal.
The two projects are expected to be completed by December 2015, he said.
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