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AUG 27 2013

HPCL to operate Vizag refinery at 60% capacity for 10 days

  • Economic Times, ET Bureau / Hyderabad
  • Created: Tue 27th AUG 2013

Hindustan Petroleum Corp. Ltd. (HPCL) will operate its 166,000 barrels per day (bpd) Vizag refinery at about 60% capacity for 10 days as two secondary units will remain shut, B.K. Namdeo, director (refineries), HPCL said on Monday.

HPCL on Friday shut one of the fluid catalytic cracker and a reformer as a precaution after a blast in the cooling tower, in which death toll now has risen to 9.

"The refinery will operate at 60% capacity. After 10 days we hope to operate at full capacity," Namdeo told Reuters.He said his firm will not import fuel to make up for the cut in throughput but instead will buy more from private refiners.

Friday's blaze is the second major fire at the plant in three months. The 60,000 bpd crude unit at Vizag was halted on 16 May after a fire on a pipeline attached to the unit.

Apart from its Vizag refinery in southern India, HPCL also operates a 130,000 bpd plant in Maharashtra. It also has a stake in the 180,000 bpd Bathinda refinery in northern India, which is operated by Hindustan-Mittal Energy Ltd., part-owned by ArcelorMittal chairman Lakshmi Mittal.

Tags

Maharashtra Energy Petrol ArcelorMittal Petroleum Hindustan Petroleum Corporation Limited India

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