India’s second-largest fuel retailer, Bharat Petroleum Corporation Limited (BPCL), plans to raise its refining capacity by 10 million tons per year by 2028, as the biggest Indian refiners consider a massive expansion to processing capacity to meet growing demand. State-controlled BPCL expects to raise its total refining capacity to 45 million tons per year by 2028 from the current 35.3 million tons per year, BPCL’s head of refining Sanjay Khanna said on Tuesday, as carried by Reuters. The increase in refining capacity is expected to…
