Indian Oil Subsidiary CPCL Plans 280,000 Bpd Manali Refinery

Chennai Petroleum Corporation Limited (CPCL), a subsidiary of Indian Oil Corporation, plans to expand capacity at its Manali refinery in Chennai by one-third, lifting throughput from 210,000 barrels per day to 280,000 bpd. The project underscores continued strength in India’s refining investment cycle and supports expectations that the country will keep adding downstream capacity through 2030. CPCL also said its earlier Cauvery Basin refinery site is being repurposed into a petrochemicals complex, reflecting stronger demand for petrochemical and specialty chemical output. The announcement is broadly supportive for India’s energy infrastructure and refining sector, though the article does not indicate an immediate impact on crude prices. Overall, the news points to long-term capacity growth, increased petrochemical integration, and sustained capital spending in India’s energy market.