Current Affairs - Business - Discussion

Bharat Petroleum Corporation Ltd is the public sector undertaking responsible for awarding major refinery contracts to Technip Energies. These contracts are part of BPCL’s broader petrochemical expansion and refinery modernization strategy. At the Bina refinery in Madhya Pradesh, the EPCC contract covers the establishment of polypropylene and Butene-1 units, enhancing petrochemical output. At the Mumbai refinery, an EPCM contract was awarded for India’s first 3 MMTPA PRFCC unit, which will convert heavy residues into high-value products. These projects strengthen refining efficiency, value addition, and energy infrastructure development.