HPCL to function expanded Mumbai refinery at full charge until mid-October

HPCL shuts down 150,000 bpd Mumbai refinery from April 1 for upkeep and capability growth. It has commissioned a crude unit put up upkeep and the second unit, which is being revamped so as to add 40,000 bpd, is within the pre-commissioning stage

India’s Hindustan Petroleum Corp will function its Mumbai refinery at an expanded capability of 190,000 barrels per day (bpd) by mid-October, its chairman MK Surana stated on Wednesday, a slight delay from earlier estimates. The firm was earlier hoping to function the plant in western Maharashtra state on the expanded capability in June or July.

HPCL shuts down 150,000 bpd Mumbai refinery from April 1 for upkeep and capability growth. It has began one crude unit put up upkeep and the second unit, which is being revised so as to add 40,000 bpd, is within the pre-commissioning stage, Surana stated at a press convention to announce June quarter earnings.

He stated the upgraded unit would begin operations from this month and the run would steadily enhance to 190,000 bpd in “two to two and a half months”.

State refiners are investing about $27 billion as India goals to extend refining capability by a fifth to 298 million tonnes per yr by 2025, junior oil minister Rameshwar Teli informed lawmakers earlier within the day. Fuel demand is rising in India as states ease restrictions following a drop in COVID-19 infections. Surana stated Indian gasoline demand may surpass pre-pandemic ranges by the tip of this yr.

However, he added that the consumption of petrol, which often slows down in the course of the monsoon season, will both attain pre-COVID ranges or maybe drop by one per cent by the tip of this yr. HPCL goals to restart the fire-affected 70,000 bpd crude unit at its 166,000 bpd Vizag refinery in southern India in 10 days, he stated, including that the refinery shall be expanded to 300,000 bpd by March 2022 and the residue improve facility shall be accomplished by 2022. Will occur. .

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He stated that HPCL is on monitor to construct 180,000 bpd refinery and petrochemical vegetation within the desert state of Rajasthan by 2024.

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