June 10, 2020 / 3:32 AM / a month ago

India's HPCL delays $3 bln Vizag refinery expansion - source

NEW DELHI, June 10 (Reuters) - India’s Hindustan Petroleum Corp has pushed back the completion of a billion-dollar expansion at southeastern Vizag refinery to at least October-November due to a labour shortage and monsoon rains, a company source said.

The state-run refiner had planned to complete the 209.28 billion rupee ($2.77 billion) expansion in July that will nearly double the capacity of the coastal plant to 300,000 barrels per day (bpd) from 166,000 bpd.

Reporting by Nidhi Verma Editing by Florence Tan & Shri Navaratnam

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