BPCL and OIL collaborate to build Greenfield Refinery in Andhra Pradesh

MOUs and Agreement | Dated: 31 Oct 2025

Bharat Petroleum Corporation Ltd (BPCL) and Oil India Ltd (OIL), both Maharatna PSUs, have announced a collaboration to build a massive Greenfield Refinery. The refinery, with an investment of ?1 Lakh Crore, will be located at Ramayapatnam Port, Andhra Pradesh. It will also include a 1.5 MTPA Ethylene Cracker Unit.

🎯 Key Highlights:

  • This project is a significant boost to India's refining capacity and energy security.
  • The total investment for the project is estimated at ?1 Lakh Crore.
  • Ramayapatnam Port location provides strategic access for crude imports and product exports.

💡 Other Important Facts:

  • The project includes a 1.5 MTPA Ethylene Cracker Unit, vital for petrochemical production.
  • This collaboration highlights synergy between two major state-owned oil companies.
  • The refinery will contribute significantly to the economic development of Andhra Pradesh.

📚 Test Your Knowledge:

BPCL and OIL have collaborated to build a new Greenfield Refinery in which state?

Correct Answer: Andhra Pradesh

🚀 Quick Recap:

About BPCL & OIL

  • (i) BPCL: Bharat Petroleum Corporation Limited, Headquarters: Mumbai (ii) OIL: Oil India Limited, Headquarters: Duliajan, Assam (iii) Both are Maharatna Public Sector Undertakings (PSUs).