Chennai Petroleum to invest Rs 1,850 cr in BS VI auto fuel quality upgrade
Chennai Petroleum Corporation Ltd (CPCL), a subsidiary of Indian Oil Corporation, is planning to invest about Rs 1,850 crore in BS VI auto fuels to cater the demand in the southern parts of the country.
In November 2019, the company completed the diesel hydro-treating (DHDT) BS VI revamp project (from 1.8 to 2.4 MMTPA), a new FCC gasoline de-sulphurisation unit of 0.6 MMTPA capacity. Pre-commissioning activities have already commenced. Mechanical completion of the unit is expected by second quarter of 2020 21. Commissioning is expected by Q3 of 2020 21, according to company’s annual report.
A new sulphur recovery block is expected to be completed by the fourth quarter of 2020-21. The estimated project cost of the BS-VI auto fuel quality upgrade project is Rs 1,858 crore.
