<h1>BPCL to Build India's Most Expensive Oil Refinery in Andhra Pradesh, Costing Rs 95,000 Crore, in 48 Months.</h1> Bharat Petroleum Corporation Ltd (BPCL) plans to build a 9 million tonnes per year oil refinery and petrochemical complex in Andhra Pradesh, projected to cost Rs 95,000 crore, making it India's most expensive refinery project to date. The Andhra Pradesh government is expected to provide capital subsidy incentives, though specifics are undisclosed. BPCL aims to complete the refinery within 48 months from the final investment decision. The project involves acquiring 6,000 acres of land and conducting detailed feasibility and environmental studies. This expansion aligns with India's growing oil demand, despite increasing electric vehicle adoption. BPCL is also investing in new energy ventures.