Bharat Petroleum Corp Ltd (BPCL) plans to spend between Rs180 bln to Rs.200 bln over the next five years to set up a petrochemical plant and expansion of the Kochi refinery. Rs 50 bln- 60 bln will be invested in a niche specialty chemical project. Expansion being planned at Kochi refinery will increase output from 9.5 mln tpa to 15 mln tpa.
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