Bharat Petroleum Corporation Ltd (BPCL) announced capital investment of ₹1,138 crore to expand its pipeline infrastructure. The investment will focus on enhancing the capacity of both the Cochin-Coimbatore-Karur Pipeline (CCKPL) and the Irugur-Devangonthi Pipeline (IDPL).
The CCKPL’s capacity will be upgraded from its current 3.3 million metric tons per annum (MMTPA) to 7 MMTPA, while the IDPL will see an increase of 1.1 MMTPA, boosting its overall capacity to 3.5 MMTPA. Additionally, a new oil storage terminal will be developed in Palakkad, Kerala.
The expansion is aimed at improving the transportation of refined petroleum products from BPCL’s Kochi refinery. The project is projected to be completed within 36 months, pending regulatory approvals and land acquisition processes. BPCL plans to finance the project through internal resources.
As reported by indiainfoline.com, BPCL, a key public sector undertaking under the ministry of petroleum and natural gas, operates major refineries in Bina, Kochi, and Mumbai.
