IOC and HPCL mull new refineries on West Coast

04-Jan-13

IndianOil Corp and Hindustan Petroleum Corporation are viewing the West Coast as the ideal location for their new refineries, as per The Hindu. In the early 1990s, HPCL teamed up with Oman Oil Company to kick off a 6 mln ton refinery in Maharashtra’s Ratnagiri district. The project never saw the light of day and HPCL wisely decided to focus, instead, on the Bhatinda refinery. The Maharashtra Refinery is now proposed to be commissioned post-2017 in two phases of nine mt apiece.