The Indian oil group Bharat Petroleum Corporation Limited (BPCL) has inked three significant Memoranda of Understanding (MoUs) with Oil India Limited (OIL), Numaligarh Refinery Limited (NRL), and Fertilisers & Chemicals Travancore Lted (FACT) (BPCL press release, 28/10/2025).
BPCL and OIL have signed a non-binding MoU to explore collaboration on BPCL’s upcoming Greenfield Refinery and Petrochemical Complex near Ramayapatnam Port, Andhra Pradesh (India).
- The facility is planned with a refining capacity of 9–12 Mt/year, worth around US$11bn, and the MoU includes evaluating potential collaboration, including OIL taking a minority equity stake in the joint venture.
- The Ramayapatnam Greenfield complex will host a 1.5 Mt/year ethylene cracker, the first of its kind in southern India, with commercial operations expected by FY 2030, supported by the Andhra Pradesh government.
In a separate initiative, BPCL, OIL, and NRL have signed a tripartite MoU to construct a 700-km pipeline worth INR3,500 crore (US$395m) from Siliguri (Western Bengal) to Mughalsarai (Uttar Pradesh) via Muzaffarpur (Bihar), following NRL’s capacity expansion from 3 to 9 Mt/year.
- The pipeline will transport petrol, diesel, and jet fuel, with BPCL holding 50% ownership and OIL and NRL sharing the remaining 50%.
Finally, BPCL and FACT have signed an MoU for the supply and trading of organic manure from BPCL’s upcoming Brahmapuram Biogas Plant in Kerala, which will convert municipal waste into compressed biogas and organic fertilizers.
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