Assam based Numaligarh Refinery Limited (NRL), a subsidiary of Bharat Petroleum (BPCL), has posted a record sales turnover of Rs 8,972.19 crore in the financial year 2010-11, the highest ever by the company since the start of its commercial operations in the year 2000. In the last fiscal, NRL registered a growth of 13.9 per cent over previous year’s turnover of Rs 7,874.09 crore.
Profit Before Tax (PBT) was recorded at Rs 414.54 crore, a 14.6 per cent increase over last year’s figure of Rs 361.71 crore. Net profit at Rs 279.26 crore too was an increase of 20.3 per cent over last year’s figure of Rs 232.08 crore.
On the physical front, during the year 2010-11, the refinery processed 2,250 TMT (thousand metric tonnes) of crude oil with a high distillate yield of 84.7 per cent. Specific Energy Consumption (SEC) during 2010-11 was recorded at 69.0 MBN.
During the year, NRL implemented the Diesel Quality Upgradation project at a cost of Rs 435 crore, making it the first refinery in the state to produce Euro-IV grade High Speed Diesel (HSD) conforming to the stringent parameters laid down by the auto fuel policy of the Centre. Besides, NRL was also the first amongst other refineries in the state to produce Euro-IV Motor Spirit (Petrol).
Besides, various other modernisation projects related to operational energy improvement and environmental upgradation were commissioned by the company during 2010-11. With completion of the Duliajan-Numaligarh pipeline project, which was implemented by DNP Limited, NRL could introduced replace naphtha with natural gas for power generation and hydrogen production, thereby improving energy efficiency and curtailing environmental emissions.
The company is presently implementing two ambitious value added projects, namely the Wax Project and the Naphtha Splitter Project. The Rs 577 crore Wax project envisages production of high value and low volume Paraffin and Micro-Crystalline Wax utilising inherent properties of North-East crude. The Rs 60 crore Naphtha Splitter Unit would produce 160 TMT annually of petrochemical grade Naphtha, which would to be supplied as feedstock to the upcoming Assam Gas Cracker Project.
The refinery could also sustained its impeccable safety performance in the year 2010-11 by registering ‘Nil’ record of major fire and LTA (Loss Time Accident) during the financial year 2010-11; and cumulatively achieved more than 9 years of accident free operations.