Chennai Petroleum plans major capacity expansion at Manali Refinery

Oicharts Desk |

Chennai Petroleum Corporation (CPCL) announced plans to expand its Manali Refinery, increasing processing capacity from 210,000 BPD to 280,000 BPD, a 33.33% increase. This move aims to enhance India's refining capabilities and position CPCL for greater production potential. Scheduled maintenance will accompany this expansion to ensure operational excellence.

📊 STOCKS MENTIONED: $CPCL 🏢 SECTORS: Energy