HPCL Chairman Pushp Joshi said that the company’s Vizag oil refinery in Andhra Pradesh will be expanded to 15 million tonnes per year by June.
To bridge the gap between the fuel it produces and sells, HPCL is expanding its 8.33 million tonne per annum (MTPA) refinery and building a new one in Barmer, Rajasthan.
“We have started commissioning activity and hope to complete it by June-end,” he said.
HPCL sells 50 per cent more petrol, diesel and LPG than it produces. The Vizag expansion as well as the 9 MTPA unit in Rajasthan expected by 2024-end, would bridge the gap.