In line with the Perspective Plan 2030 of Oil and Natural Gas Corporation, its subsidiary MRPL is all set to expand into a 21 MMTPA refinery with a pet coke gasification unit and a linear alkyl benzene unit.
The company also plans to diversify into petrochemicals, MRPL Managing Director P.P. Upadhya said in a statement here today.
He said a polypropylene plant is getting ready in MRPL Phase III while a joint venture company, ONGC-Mangalore Petrochemicals Ltd, is off to a running start and is expected to commission its aromatic plant by September 2013.
In 2007, MRPL, India’s most energy efficient refinery, became a Mini Ratna 1 and is now aspiring to become a Schedule A company, Upadhya said.