BPCL’s Bina Refinery to Be Completed by Year-end

Six-million-tonnes a year refinery of Bharat Petroleum Corp Ltd (BPCL) located at Bina in Madhya Pradesh will be completed before the year ends and commence fuel sales from fiscal, said the company.

“The refinery will be mechanically completed before end of 2009 but commissioning will take time. A refinery of this size cannot be commissioned overnight,” Ashok Sinha, BPCL Chairman and Managing Director, told media persons at New Delhi.

It may be mentioned that Bharat Oman Refineries Ltd (BORL), a joint venture between BPCL and Oman Oil Co Ltd, is building the refinery in Madhya Pradesh.

“We have completed 95 per cent of the refinery…The commissioning will be completed by March (2010),” Sinha, who is also the chairman of BORL, said.

The company will buy crude oil cargoes from the spot market for commissioning of the refinery, he said.