9.12.16

IOC, BPCL, HPCL join hands to set up India's biggest oil refinery

IOC, BPCL, HPCL join hands to set up India's biggest oil refinery


Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corp have signed a pact to build India's biggest oil refinery at a cost of $30 billion on the west coast. The three firms signed the pact for the 60-million tonne a year refinery in Maharashtra with IOCBSE 2.78 % as leader of the consortium. The IOC will hold a 50 % stake in the project while BPCL and HPCL will have 25 % each.
So, let's discuss some questions related to this post:
Q1. Name the companies, Which have signed a pact to build India's biggest oil refinery at a cost of $30 billion on the west coast?
Answer: Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corp

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