Thursday, January 13, 2011

Bina refinery to go commercial in mid-Feb

Bharat Oman Refineries (BORL), a joint venture of state-owned Bharat Petroleum Corporation (BPCL) and Oman Oil Co, will start commercial production from its newly built Bina refinery in Madhya Pradesh by mid-February.

The 6-million tonnes a year unit will "start producing fuel by February 15", a company official said. "We are trying to get Prime Minister Manmohan Singh to inaugurate the refinery."

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Although the 6-million tonnes per annum Bina Refinery was to be mechanically completed in December, 2009, it could not start processing crude oil as state-owned BHEL had not completed a 99-MW captive power plant on time.

BHEL was to set up a captive power plant at the refinery by May, 2009, but implemented the project a year late. Besides supplying power to the refinery, the 99-Mw unit was also meant to provide steam for conversion of crude oil into petroleum products.

read complete article at:
http://www.business-standard.com/india/news/bina-refinery-to-go-commercial-in-mid-feb/122153/on

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