BPCL plans to set apart Rs 20,000 cr for Kerala projects

Kochi : Public sector Bharat Petroleum Corporation (BPCL) plans to set apart Rs 20,000 crore for further enhancing the capacity of Kochi Refinery (KRL) at nearby Ambalamugal and for setting up a petrochemical complex, Union Petroleum Minister S Jaipal Reddy said today.

There is an ambitious proposal for BPCL to increase the capacity further. They also want to go in for a petrochemical complex. We will have to discuss with the state government. Talks in this regard are going on," Reddy said after dedicating to the nation the Rs 4,000 crore expanded capacity and modernised facilties of the BPCL-KRL refinery.