<h1>BPCL Secures Rs. 31,802 Crore Loan for Bina Refinery Expansion, Creating 100,000 Jobs and Boosting Energy Security.</h1> Bharat Petroleum Corporation Limited (BPCL) has secured financial closure for its Bina Refinery Expansion cum Petrochemical Project with a loan agreement of Rs. 31,802 crore from a consortium led by the State Bank of India. The project, costing Rs. 48,926 crore, will expand the refinery's capacity and establish a petrochemical complex, reducing India's import dependency. It is expected to generate over 15,000 jobs during construction and over 100,000 jobs post-commissioning. This aligns with India's strategy for industrial growth and energy security. BPCL aims to become a Net Zero Energy Company by 2040, focusing on sustainable solutions and community initiatives.