India aims to double its refining capacity to 450-500 million tonnes (mt) in the next 10 years, said Union petroleum and steel minister Dharmendra Pradhan on Tuesday.
The country has already planned the world’s largest refinery in the western coast, on which work will start soon, said Pradhan. The $44-billion west coast refinery project, with capacity of 60 mt, was announced in June 2018.
Saudi Aramco and Abu Dhabi National Oil Company (Adnoc) hold 50 per cent in the project, while Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation hold the rest. There were concerns owing to land