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Story perspectives

India's Refining Capacity Set to Soar by 2030

11/9/2025

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Story summary
  • India ranks among the top five refining nations globally, with 258.2 MMTPA capacity.
  • In 2024-25, petroleum product exports reached 64.7 million tonnes, up from 55.5 million in 2014-15.
  • Hardeep Singh Puri, Minister of Petroleum and Natural Gas, announced Bharat Stage VI (BS-VI) fuels and hubs in Rajasthan and Odisha.
  • He projected capacity could reach 310 MMTPA by 2030, with 400–450 MMTPA long-term.