Sunday Edition

Need $300 bn invt to double refinery capacity: Pradhan

| | BHUBANESWAR | in Sunday Pioneer

India needs investment to the tune of $300 billion in the next 10 years to double its oil refining capacity, Union Petroleum Minister Dharmendra Pradhan said on Saturday.

“Oil refining capacity in the country stands at over 247 million ton at present and demand for petro products, which is rising rapidly, will touch 600 million ton by the year 2040,” Pradhan said, while inaugurating the 22nd Refining and Petrochemicals Technology Meet here.

Noting that the country has built a robust refining and petrochemicals sector over the years, the minister said several brownfield projects are already in the pipeline for creating capacities of around 142 million ton. He said 2 major greenfield projects are all set to be launched to add 69 million ton of new refining capacities soon




View All

Vehicle theft: One member of inter-State gang arrested

21 Mar 2018 | PNS | Dehradun

Dehradun police have arrested an alleged member of an inter-state gang involved in vehicle theft in Haridwar and Dehradun districts from Muzaffarnagar in Uttar Pradesh on Tuesday. The accused has been identified as Vikram Malik, native of Shamli, Uttar Pradesh, police said, adding that he was currently living in Haryana...

Read More

Page generated in 0.2646 seconds.