{"id":14606,"date":"2023-09-13T08:44:46","date_gmt":"2023-09-13T03:14:46","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=14606"},"modified":"2025-04-02T21:48:10","modified_gmt":"2025-04-02T16:18:10","slug":"west-coast-refinery-project","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/west-coast-refinery-project\/","title":{"rendered":"West Coast Refinery Project"},"content":{"rendered":"<h2><strong>About West Coast Refinery Project<\/strong><\/h2>\n<ul>\n<li>First\u00a0<strong>conceptualized in 2014<\/strong>, the West Coast refinery\u00a0<strong>project, also known as the Ratnagiri Refinery and Petrochemicals Ltd (RRPCL),<\/strong> was envisioned as\u00a0<strong>India\u2019s largest greenfield refinery<\/strong> with a\u00a0<strong>capacity of 60 million tonnes per annum<\/strong>, and is touted to become the\u00a0<strong>largest integrated refinery and petrochemical facility in the world<\/strong>.<\/li>\n<li><strong>Location<\/strong>: As the name implies, the project is supposed to be set up on\u00a0<strong>India\u2019s western coast,<\/strong> specifically in\u00a0<strong>Ratnagiri, Maharashtra.<\/strong><\/li>\n<li>The refinery is expected to\u00a0<strong>produce around 1.2 million barrels of oil a day<\/strong> when completed\u00a0<strong>alongside the various petroleum products<\/strong> that will be produced by attached petrochemical plants.<\/li>\n<li><strong>Three of India\u2019s leading government-owned public sector undertakings<\/strong> in the oil and gas sector\u00a0<strong>came together in a joint venture partnership called RRPCL<\/strong>.<\/li>\n<li><strong>RRPCL is a 50:25:25 joint venture<\/strong>\u00a0<strong>formed in 2017 by<\/strong> India&#8217;s three national oil companies,\u00a0<strong>Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL).<\/strong><\/li>\n<li><strong>In 2019, Saudi Aramco and the Abu Dhabi National Oil Company (ADNOC)<\/strong> decided to get involved as well,\u00a0<strong>collectively acquiring a 50 per cent stake in the project<\/strong> which is estimated to be\u00a0<strong>worth around Rs 3 lakh crore purely in set-up costs.<\/strong><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<hr \/>\n<h3>Q1) What are the various petroleum products?<\/h3>\n<p>Petroleum products include transportation fuels, fuel oils for heating and electricity generation, asphalt and road oil, and feedstocks for making the chemicals, plastics, and synthetic materials that are in nearly everything we use.<\/p>\n<p><strong>Source:<\/strong> <a href=\"https:\/\/www.newindianexpress.com\/nation\/2023\/sep\/12\/india-saudi-to-expedite-west-coast-refinery-project-2613950.html\" target=\"_blank\" rel=\"nofollow noopener\"><u>India, Saudi to expedite west coast refinery project<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>West Coast refinery project was envisioned as India\u2019s largest greenfield refinery with a capacity of 60 million tonnes per annum.<\/p>\n","protected":false},"author":5,"featured_media":14607,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-14606","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/14606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=14606"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/14606\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/14607"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=14606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=14606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=14606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}