CPCL bsVI fuel project likely to be completed by September-December

Chennai Petroleum Corporation (CPCL), an Indian Oil group company, said the projects at its Rs 1,858-crore BS VI auto fuel quality unit are expected to be completed during September-December 2019. To comply with the directive of the Centre for supply of diesel and petrol meeting BS VI quality norms with effect from April 1, 2020, CPCL is revamping the existing diesel hydro-treating (DHDT) unit to increase its capacity from 1.8 to 2.4 million tonne per annum (MTPA) along with a new sulphur recovery unit and installing a new 0.6 MTPA gasoline desulphurisation unit with associated facilities.

CPCL chairman Sanjiv Singh informed shareholders that the company endeavours to conceive, develop and implement projects towards achieving growth. It has achieved plan and non-plan expenditure of Rs 1,165.05 crore and Rs 148.55 crore respectively, totalling Rs 1,313.60 crore during FY19.