Meeting of the Minister of State (I/C) for Petroleum and Natural Gas Shri Dharmendra Pradhan with Chief Minister of Madhya Pradesh

Shri Shivraj Singh Chauhan, Chief Minister of Madhya Pradesh met Minister for Chemical and Fertilizers Shri Anant Kumar and Shri Dharmendra Pradhan, Minister of State (I/C), Petroleum and Natural Gas today to discuss the expansion of capacity of Refinery at Bina, a Joint Venture of Bharat Petroleum Corporation Ltd (BPCL) and Oman Oil Corporation Ltd. (OOCL). Capacity of the Refinery is proposed to be enhanced from 6 MMTPA to 7.8 MMTPA by 2018 at estimated cost of Rs.3500 crores, in the first phase. Capacity of the Refinery is proposed to be enhanced to 15 MMTPA in second phase at an estimated cost of Rs.18000-20000 crores for which pre feasibility studies will be undertaken in 3 months. During the meeting the State Government was requested to provide additional incentives like interest free loan and exemption from CST and Entry Tax etc. for the proposed expansions.

MJPS