Expansion24 Dec 2024, 04:51 pm
BHARAT PETROLEUM to Invest Rs 6100 Crore in Greenfield Refinery cum Petrochemical Complex in Andhra Pradesh
AI Summary
In terms of Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, BHARAT PETROLEUM CORPORATION LTD. announced that its Board has approved the commencement of pre project activities for setting up a green field Refinery cum Petrochemical complex in East Coast at Andhra Pradesh. The estimated cost of the project is Rs 6100 crore. The pre project activities include various initial studies, land identification and acquisition, preparation of Detailed Feasibility report, Environment Impact Assessment, Basic Design Engineering package, Front End Engineering Design etc. The trading window for dealing in BPCL securities was closed from Saturday, 21% December, 2024 up to Thursday, 26\
Key Highlights
- BHARAT PETROLEUM to invest Rs 6100 crore in a new greenfield Refinery cum Petrochemical complex in Andhra Pradesh
- The project activities include various initial studies, land identification and acquisition, preparation of Detailed Feasibility report, Environment Impact Assessment, Basic Design Engineering package, Front End Engineering Design etc.
- The trading window for dealing in BPCL securities was closed from Saturday, 21% December, 2024 up to Thursday, 26" December 2024
- The project is located in the East Coast of Andhra Pradesh