State-run Bharat Petroleum Corporation (BPCL) could look at importing ethane from the United states to power its refineries.If BPCL goes ahead with its plan, it will be the second company to do so after the Mukesh Ambani-led Reliance Industries.
“Ethane is available in abundance in the US. We are evaluating the future of ethane in this country and studying if there is demand for the fuel in India. We could use it to fuel our ventures. The cost of importing and the savings the fuel is being worked out,” said an official from BPCL.
BPCL has an integrated refinery expansion project at Kochi at the cost of Rs 14,225 crore augmenting its refining capacity to 36.5 million metric tonnes per annum (mmtpa) from the present 30.5 mmtpa which is about an increase of 20% in refining capacity. An additional 5.3 mmtpa of petroleum products will be available in the market after the expansion.
Source:- khabarindia.in
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