Indian Oil Subsidiary CPCL Plans Manali Upgrade to 280,000 bpd
Chennai Petroleum Corporation Limited (CPCL), a subsidiary of Indian Oil, plans to raise crude refining capacity at its Manali site by about a third to 280,000 bpd. The company says it will rebuild the Cauvery Basin Refinery to meet new specifications, but shifted the project toward a petrochemicals complex as demand for petrochemicals and specialty chemicals grows.