Prime Minister Manmohan Singh on Friday dedicated Bina Refinery to the nation at a ceremony held at Bina, Madhya Pradesh.
The 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 an 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 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.
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.