State-owned oil firms will invest over Rs 77,500 crore in adding 44.2 million tonnes of refining capacity by 2012, Petroleum Minister Murli Deora said today.
In a written reply, Deora told Lok Sabha that Indian Oil Corp is investing Rs 29,777 crore in building a new refinery at Paradip in Orissa with an annual production capacity of 15 million tonnes.
Bharat Petroleum Corp's joint venture is investing Rs 11,397 crore in a 6 million tonnes unit at Bina in Madhya Pradesh, while Hindustan Petroleum Corp is spending Rs 18,919 crore in building a 9 million tonnes refinery at Bhatinda in Punjab.
Besides, Mangalore Refinery is investing Rs 12,412 crore in expanding its 11.82 million tonnes refinery to 15 million tonnes.
These and other capacity additions would raise India's oil refining capacity to 153.832 million tonnes by the end of XIth Five Year Plan (2007-12) from 109.586 million tonnes currently, he said.
Other capacity addition projects include Rs 2,869 crore expansion of IOC's Haldia refinery by 1.5 million tonnes to 7.5 million tonnes and Panipat unit expansion to 15 million tonnes (from 12 million tonnes) at Rs 1,008 crore.
HPCL will expand its 5.5 million tonnes Mumbai refinery to 7.9 million tonnes at a cost of Rs 295.46 crore and 7.5 million tonnes Vizag unit to 10 million tonnes at Rs 280 crore investment.
Chennai Petroleum Corp is investing Rs 500.41 crore in expanding its 9.5 million tonnes Manali unit to 11.1 million tonnes, he added.