Babulwadi to house world's largest oil refinery

It'll be set up at 2 locations in Ratnagiri with main complex having area of 14k acres in Babulwadi

Babulwadi, a small village located in the Rajapur Taluk of Maharashtra's Ratnagiri district, is set to host the world's largest refinery and petrochemicals complex, which might see an investment of Rs 1.5 lakh crore. 

The refinery will be set up at two locations in Ratnagiri, with the 14,000-acre main complex at Babulwadi and another 1,000-acre storage and port facilities about 15 kilometre away from the main location in the coastal area. According to sources close to the development, the project management consultant Engineers India Ltd has already started its initial studies in the area for setting up the refinery. 

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