CPCL plans Rs 27,460-cr refinery to cater to south India's BS-VI vehicles

CPCL's new refinery complex will come up with the latest technology and will include a polypropylene unit to maximise value addition

Indian Oil Corporation's (IOC's) group company Chennai Petroleum Corporation Ltd (CPCL) is planning to set up a greenfield refinery at Nagapattinam at in Tamil Nadu, a cost of Rs 27,460 crore. The products, including motor spirit (MS) and high speed diesel (HSD), which will be produced from the refinery will help meet the latest BS-VI specification in the southern states. 
 

The new refinery will be part of the Government of India's plan to set up a petroleum, chemicals and petrochemicals investment region (PCPIR) in this region. 

The boards of CPCL and IOC have accorded in-principle approval for the 9 million