NEW DELHI (Reuters) - HPCL-Mittal Energy Ltd (HMEL), part owned by steel tycoon L N Mittal, plans to shut its 180,000 barrels per day (bpd) Bathinda refinery in Punjab for about 40 days from mid-March to raise its capacity by a quarter, sources said.
During the shutdown HMEL will raise the crude processing capacity of the existing crude distillation unit to about 225,000 bpd, sources with knowledge of the plan said.
State-refiner Hindustan Petroleum Corp and Mittal Energy Investments Pvt Ltd own 49 percent stake each in the project.
(Reporting by Nidhi Verma, editing by David Evans)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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