Oil India aims to operate Numaligarh refinery at 180,000 bpd capacity by 2027
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 14 2024
0mins
Source: Reuters
Expansion of Refinery Capacity: Oil India plans to increase the capacity of its Numaligarh Refinery in Assam from 60,000 to 180,000 barrels per day by March 2027, with a crude oil pipeline to Paradip Port expected to be operational by December 2025.
Investment and Ethanol Production: The company is investing $3 billion by 2030 in various projects, including a biorefinery for ethanol production from bamboo, which is set to begin operations by the end of September.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
