India's refining capacity to rise 77% by 2030; RIL's to expand 44%: Report

Reliance Industries Ltd, operator of the world's biggest refining complex in Gujarat, aims to expand its overall capacity by 44% to about 2 million bpd by 2030

Bs_logooil refinery, oil, gas
Reuters NEW DELHI
Last Updated : Feb 08 2018 | 2:00 PM IST

India's annual refining capacity would rise by 77 per cent to 439 million tonnes, equivalent to about 8.8 million barrels per day (bpd) by 2030, a government report said, listing expansion plans of various companies.

Reliance Industries Ltd, operator of the world's biggest refining complex in Gujarat, aims to expand its overall capacity by 44 per cent to about 2 million bpd by 2030.

The company plans to expand its old refinery that largely caters to domestic markets in two phases to 1.26 million bpd from 660,000 bpd now, the report said.

 

 

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First Published: Feb 08 2018 | 1:52 PM IST