BINA (MP), May 20 (PTI): Prime Minister Manmohan Singh, who is on a day's visit to Madhya Pradesh, dedicated the world-class, 6-MMTPA Bina Refinery to the nation here today and said the country will increase its refining capacity to 2,380 lakh tonnes by 2012.
"I am happy that our refining capacity, which was 620 lakh tonnes in 1998, has now become 1,870 lakh tonnes. By 2012, we are working toward enhancing this capacity to 2,380 lakh tonnes," the PM said, formally declaring the refinery here, in Sagar district of Madhya Pradesh, open.
The refinery was set up by Bharat Oman Refineries Limited (BORL), which is promoted by Bharat Petroleum Corporation Ltd, with equity participation of 26 per cent by Oman Oil Company and about 1 per cent by the MP government.
"This project is an example of cooperation in many areas between Oman and India.