BPCL ties Rs 31,802 cr funds for Bina refinery expansion, petchem project

BPCL has secured financial closure for its Bina refinery expansion cum petrochemical project with a Rs 31,802 crore loan from a consortium led by SBI. The Rs 48,926 crore project will increase refinery capacity and produce key petrochemicals, creating significant employment and reducing import dependence, aligning with India’s industrial strategy.

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