Question

Which company has signed a Rs 63,000-crore deal to source feedstock for its upcoming petrochemical plant at Usar in Maharashtra from Bharat Petroleum Corporation Ltd for 15 years for procuring 600,000 tonnes per annum of propane from BPCL’s LPG import facility at Uran?

A IOCL Correct Answer Incorrect Answer
B HPCL Correct Answer Incorrect Answer
C OIL Correct Answer Incorrect Answer
D GAIL Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

GAIL (India) Ltd has signed a Rs 63,000-crore deal to source feedstock for its upcoming petrochemical plant at Usar in Maharashtra from Bharat Petroleum Corporation Ltd for 15 years.Under the contract, GAIL procures 600,000 tonnes per annum of propane from BPCL’s LPG import facility at Uran, which is presently capable of handling 1 million tonnes per annum of LPG imports and is undergoing expansion to accommodate 3 million tonnes a year of propane and butane imports.

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