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CPCL: Good times ahead
Dec 14: CPCL is largest refinery in south India with a total installed capacity of 11.5 MMTPA
8Looking at the buoyant demand and production of downstream products, mildly rising crude prices and up move Singapore GRMs, the company's prospects look bright
8A 17km long new pipeline from Chennai port to Manali (to replace the existing one)is likely to be commissioned soon resulting in savings
8Then again, the Resid up-gradation project (likely from FY18) could help add GRM by USD 1.5-2/bbl
8Planned expansion of Nagapattinam refinery by 6-9 mn tones could add visibility to earnings over medium term
8Find out more on what CPCL has been up to and what the future has in store
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