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India approves new HPCL refinery in Rajasthan

09.20.2013  | 

Hindustan Petroleum will own 74% of the project, while the Rajasthan state government will own the rest. The refinery, located in Rajasthan's Bamer town, is expected to go on stream in four years.

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By MUKESH JAGOTA

NEW DELHI -- India's cabinet on Friday approved state-run Hindustan Petroleum Corp.'s (HPCL) 372 billion rupee ($6 billion) refinery and petrochemicals complex in the northwestern state of Rajasthan, Information and Broadcasting Minister Manish Tewari said.

The 9 million tpy refinery will mostly draw upon crude supplies from Cairn India Ltd.'s oilfields in the state.

Hindustan Petroleum will own 74% of the project, while the Rajasthan state government will own the rest. The refinery, located in Rajasthan's Bamer town, is expected to go on stream in four years.

The project's clearance comes ahead of state elections in Rajasthan, due to take place toward the end of this year.

India imports three-fourths of its energy requirement but has one of the world's largest refining capacities. The country has also emerged as one the largest exporters of refined products in the world.


Dow Jones Newswires



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Kundan Patil
09.24.2013

Really good decision by cabinet. It will defiantly part of growth of India.

V K Kapoor
09.24.2013

Very good decision taken by the cabinet. Let us hope it gets built up without unnecessary delays.

Alan Cross
09.23.2013

Please advise if there would be an interest in an innovative low cost design for a cracking heater using vaporized naphtha, ethane or propane feed, for ethylene production in the new Rajasthan refinery.

The cracking heater design, however, requires construction and operation of a prototype or a computational fluid dynamics (CFD) analysis to verify performance.

The proposed design referred to above is also based on an improvement of an existing design for a heavy oil coker described in a U.S.patent by Alan Cross.

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