Question : Refining Capacity

(a) the details of existing refining capacity of each of the oil refinery in the country along with any plan to set up more refineries by the Government in the country, Oil Marketing Companies (OMCs)/State-wise;
(b) whether the Government/ downstream companies including IOCL proposes to invest 75000 crore to raise its oil refining capacity and petrochemical complex in Ratnagiri and other places of the country and if so, the details thereof along with any review of the functioning, accrued profit of oil companies and the proposed investment by oil companies particularly IOCL, OMCs/company-wise;
(c) whether the Government proposes to seek the help of any foreign company to increase the refining capacity in view of the projected demand of oil in the next few years in the country and if so, the details thereof; and
(d) whether the Government/HPCL and GAIL proposes to set up Greenfield Petrochemical Complex at Kakinada in Andhra Pradesh and if so, the details thereof along with the estimated cost of the proposed project and the details of settlement, if any, made between the Government and State over viability gap funding for the said project?

Answer given by the minister

MINISTER OF PETROLEUM AND NATURAL GAS (SHRI DHARMENDRA PRADHAN)
(a) Details of Refineries along with their capacities is annexed. Further, Oil Public Sector Undertakings (PSUs) are executing/evaluating brown field and green-field
refinery projects including Rajasthan Refinery project at Barmer, Rajasthan and Ratnagiri Refinery and Petrochemical Complex at Ratnagiri, Maharashtra.
(b) IOCL, BPCL and HPCL have formed a Joint Venture (JV) Company viz. Ratnagiri Refinery Petrochemicals Limited (RRPL) for setting up of a 60 MMTPA Grass root Refinery cum Petrochemical Complex in Maharashtra at an estimated cost of Rs. 3.5 Lakh crore.
(c) Refinery Sector has been delicensed in 1998. Post de-licensing, any public sector or private sector entity can set up the refinery depending upon techno commercial viability of the project.
(d) Government of Andhra Pradesh (GoAP), GAIL India Limited (GAIL) and HPCL signed a MoU on 27th January, 2017 at Vishakhapatnam for the Petrochemical Complex with an estimated cost of Rs. 32901 crore at Kakinada, Andhra Pradesh. Feasibility study has been carried out for the Petrochemical Complex. Oil PSUs have indicated to the GoAP that Viability Gap Funding is necessary to make the project viable.
*********

Download PDF Files