The company has also planned to diversify into petrochemicals.
Bangalore: In line with the Perspective Plan 2030 of Oil and Natural Gas Corporation Limited, its subsidiary MRPL is all set to expand into a 21 MMTPA refinery with a Pet coke Gasification Unit and an LAB (Linear Alkyl Benzene) unit, a top company executive said on Saturday.
The company also planned to diversify into petrochemicals, MRPL Managing Director P P Upadhya said in a statement here.
He said a Polypropylene plant is getting ready in MRPL Phase III while a JV company, ONGC-Mangalore Petrochemicals Limited (OMPL), 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 now is aspiring to become a Schedule A company, Upadhya said.