Bharat Petroleum Corporation (BPCL) is set to invest Rs 50,000 to Rs 60,000 crore in establishing an integrated refinery-cum-petrochemicals complex at Ramayapatnam port in SPSR Nellore district in Andhra Pradesh.

Earlier, the state government had offered three sites to the Centre for allotting land to BPCL’s proposed oil refinery complex in greenfield ports at Machilipatnam (Krishna district), Ramayapatnam (Nellore district) and Mulapeta (Srikakulam district) respectively. The company is likely to build a complex on 1,000-acre land with a capacity of 12 million tpa, as informed by Nellore MP Vemireddy Prabhakar Reddy. 

Addressing the gathering at the Swarnandhra 2047 Vision Action Plan workshop, he stated that AP Chief Minister Nara Chandrababu Naidu has taken steps for development in all sectors in the state in the next 25 years. He also urged the district administration officials to prepare the action plan to attract more industries to the district and provide maximum employment opportunities.