Epic Update : Bharat Petroleum Corporation

Bharat Petroleum Corporation (BPCL) is reportedly planning to invest Rs 1500-2000 crore in Bina refinery to expand its refining capacity from the current 6 million tonnes per annum (mtpa) to 8-8.5 mtpa. BPCL owns a 49 per cent stake in the Bina Refinery. Further, the company is planning to launch an initial public offering (IPO) for its Bina refinery or Bharat Oman Refinery (BORL) in FY15.


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