Dr. Manmohan Singh Dedicated Bina Refinery to the Nation

Dr. Manmohan Singh dedicated Bina Reﬁnery to the nation By : INVC Team Published On : 21 May, 2011 12:15 AM IST

INVC,, Bina, Madhya Pradesh,, The Prime Minister Dr. Manmohan Singh today dedicated Bina Refinery to the nation at a ceremony held at Bina, Madhya Pradesh today. The event was also attended by Shri Rameshwar Thakur, Governor, MP, Shri Shivraj Singh Chauhan, Chief Minister, Madhya Pradesh, Shri S. Jaipal Reddy, Minister of Petroleum & Natural Gas, Shri Kamal Nath, Minister of Urban Development, Shri Kantilal Bhuria, Minister of Tribal Affairs, Shri R.P. N. Singh, Minister of State for Petroleum & Natural Gas & Corp. Affairs, Shri Jyotiraditya Scindia, Minister of State for Commerce & Industry along with other dignitaries and senior government officers. Refinery has a capacity of 6 Million Metric Tonnes Per Annum (MMTPA) and is equipped with state-of-the-art technology to produce Euro III & IV petroleum products. The Refinery has an inbuilt flexibility to meet Euro – V equivalent standards for petrol and diesel with minimal investment. Adjacent to the Refinery complex is the Bina Dispatch Terminal (BDT), with product storage tanks and dispatch facilities for both rail and road movement of petroleum products. The Refinery and the Bina Despatch Terminal (BDT) are spread over 2500 acres of land. Bina Refinery is equipped with world class technology and has the flexibility to process all types of crude oil. The project established at a investment of over 2 billion US $ (Rs. 12,000 cr) has bottom upgradation facility to ensure yield maximization. The Refinery has an assured off take, since it will meet the demand of high quality fuel in markets with deficit supply. Bina Refinery has the flexibility to process all types of crude. The Refinery is managed by highly skilled and experienced personnel. The Bina Refinery project comprises of a Single Point Mooring (SPM) system located at Vadinar, Gujarat which facilitates unloading of crude oil from Very Large Crude Carriers (VLCCs). The crude received at Vadinar on the west coast is transported to Bina along a 935 km long pipeline passing through the States of Gujarat & Madhya Pradesh. The crude oil goes through hi-tech refining processes at Bina and the resultant products include Petrol, Diesel, Aviation Turbine Fuel, Kerosene, Naphtha & LPG. Sulphur and Per Coke are also produced in the process. These products are stored in the Refinery/BDT and distributed to areas in and around Madhya Pradesh. The surplus products are then transported through the 257 km Bina – Kota pipeline ensuring faster movement in a more environmental friendly manner. This pipeline will then join the Mumbai – Manmad – Bijwasan line at Kota thereby enhancing availability of products in the northern markets. The refinery has an ultra modern Crude and Vacuum Distillation unit wherein crude oil is separated into various products. These products are treated in the Secondary Processing Units to obtain value added products. The refinery has a 99 MW (33 MW X 3) Captive Power Plant (CPP) which will meet the entire steam and power requirements of the Refinery. To conserve fresh water, the Refinery has set up an Effluent Treatment Plant (ETP) for treating a range of water effluents coming from the processing units and other facilities. Safety is accorded the highest priority at the Refinery and the most stringent measures are in place to safeguard life and property. BORL have also adopted safe and eco-friendly technology, sound design and engineering practices. Bharat Oman Refineries Ltd (BORL), is a company formed to set up the Bina Refinery and the Company is promoted by Bharat Petroleum Corporation Ltd, a Fortune 500 company. BORL has an equity participation of 26% by Oman Oil Company and about 1% by Govt. of Madhya Pradesh. India has shown consistent economic growth over the past few years and this has resulted in a huge increase in demand for petroleum products. The Bina Refinery is another step towards making available these products thereby strengthening the country’s energy security. This is a prestigious project for Madhya Pradesh and will herald all round growth and development in the state and surrounding areas. This refinery will generate employment and business opportunities for the people in the region and will serve as a catalyst to the rapid industrialization of the State. Bharat Oman Refineries Ltd (BORL), is a company formed to set up the Bina Refinery and the Company is promoted by Bharat Petroleum Corporation Ltd, a Fortune 500 company. www.internationalnewsandviews.com BORL has an equity participation of 26% by Oman Oil Company and about 1% by Govt. of Madhya Pradesh.

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