Bharat Petroleum will invest 430 billion to 500 billion rupees in the two projects, with the petrochemical project set to begin production in fiscal year 2027-28. Bharat Petroleum Corporation Ltd, an Indian state-owned oil marketing company, announced on Friday that it had received approval from the Madhya Pradesh state government to expand its Bina refinery and establish a petrochemical project.
Bharat Petroleum will invest 430 billion to 500 billion rupees in the two projects, with the petrochemical project set to begin production in fiscal year 2027-28.