BPCL to Finish Feasibility Report for Andhra Refinery by December 2025

Bharat Petroleum Corporation Ltd (BPCL) has said it will complete the detailed feasibility report (DFR) for its proposed refinery project in Andhra Pradesh by December 2025, as per the Business Standard reports. The report will cover cost estimates, plant configuration, and planned capacity.

Location and Current Refineries

The project is planned in the Nellore district. BPCL already operates refineries in Mumbai, Kochi, and Bina. The new plant is intended to support India’s domestic fuel demand and add to the country’s refining capacity.

BPCL is in the process of acquiring land for the refinery site. Work on the DFR and land acquisition will decide the next stage of development. Only after the report is finalised will commercial talks begin.

Talks with Foreign Players

BPCL has held early discussions with foreign firms for investment and cooperation. Saudi Arabia had signed a memorandum of understanding with India in 2019, outlining possible investment in energy and other sectors. 

Countries such as Russia and the United States have also shown interest in India’s refining sector. Partnerships are expected to help with technology and supply arrangements.

Refining Capacity Plans

India is the world’s 4th-largest oil refiner. Current refining capacity is about 250 million metric tonnes per annum (mmtpa). The government has set a target of 450 mmtpa by 2030. A plan to set up a 60 mmtpa refinery in Ratnagiri, Maharashtra, was dropped because of land issues. The government has since directed oil companies to develop smaller refineries in the range of 20–25 mmtpa.

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BPCL Share Price Performance 

As of October 9, 2025, 9:35 AM, Bharat Petroleum Corporation Ltd (BPCL) share price was trading at ₹347.85, a 0.80% increase from the previous closing price.

Conclusion

BPCL’s Andhra refinery project is still in the feasibility stage. The DFR is expected by December 2025, after which commercial negotiations and project development will move forward.

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