India to make significant contribution to refinery VDU capacity additions in Asia by 2025
By: ICN Bureau
Last updated : September 06, 2021 10:16 pm
Report from GlobalData reveals that India is likely to witness a total VDU capacity additions of 216 thousand barrels per day (mbd) by 2025. Out of this, the expansion project at the Mumbai I refinery contributes 120 mbd
India is expected to register the second highest refinery vacuum distillation unit (VDU) capacity additions in Asia between 2021 and 2025 after China, contributing about 26% of the total capacity additions as per GlobalData.
Teja Pappoppula, Oil and Gas Analyst at GlobalData, comments: “The Mumbai I refinery is the only upcoming VDU expansion project in India with 120 mbd of capacity expected to be added in 2021. This cracking type VDU refinery is in the Maharashtra state with Hindustan Petroleum Corp Ltd being the operator.
“The planned Barmer refinery in the country is the other contributor with 96 mbd of new build VDU capacity expected to become operational in 2022. This coking type VDU refinery is to be operated by HPCL Rajasthan Refinery Ltd.”