India's Chennai Petroleum plans to expand refining capacity by a third
India's Chennai Petroleum plans to expand refining capacity by a third NEW DELHI, Aug 3 (Reuters) - India's state-run Chennai Petroleum Corp CHPC.NS plans to expand its refining capacity by a third to 280,000 barrels per day, it said in its 2025-26 annual report issued on Saturday.
Chennai Petroleum operates a 210,000-bpd Manali refinery in the southern state of Tamil Nadu.
The company also said it plans to reconfigure its planned Cauvery refinery project in Tamil Nadu to "enhance petrochemical intensity".
Chennai Petroleum, along with its parent company Indian Oil Corp. IOC.NS, the country's top refiner, planned to set up a 180,000-barrels-per-day Cauvery Basin refinery project.
Chennai Petroleum, which opened its first retail fuel outlet in March, plans to set up 300 outlets across the country.
The company didn't specify timelines for expansion of its refining capacity and retail fuel outlets.
(Reporting by Nidhi Verma; Editing by Mrigank Dhaniwala)
((nidhi.verma@thomsonreuters.com; X: @nidhi712;))
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