India ramps up refinery expansions

The country is seeking to secure its position as a major global refiner and meet rising domestic requirements

Indian refiners—both government-owned and private—are set to aggressively expand their refining capacities in 2025 to meet an expected increase in domestic demand for refined fuels in the short and medium term. Next year is poised to be one of the most significant in India’s refining history, with a total of 0.9m b/d—or 44.8m t/yr—of capacity scheduled be added across five locations. The country’s largest refiner, state-owned Indian Oil Corporation Limited (IOCL), is poised to add the most capacity in 2025. The company’s two refining projects—Nagapattinam and Panipat—are scheduled to come onstream in October and December 2025 respectively. Panipat, located in northern India in the state of H