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November Performance-VI: Bina shutdown lowers JV refinery output
Dec 23: Production in JV refineries during November, 2016 was 925.24 TMT which is 28.57% lower than the target for the month and 34.34% lower than the production achieved in the corresponding month of last year.
8Cumulative production during April - November, 2016 was 11125.93 TMT which is 9.45% higher than the target for the period and 3.11% lower than the production during corresponding period of last year.
8Reasons for shortfall of refinery production in JVs refineries are as under:
-- BORL's Bina: Throughput was lower than plan as refinery had undertaken planned turnaround during the month, which was originally scheduled in Aug-Sep'16.
-- HMEL's Bhatinda: The throughput is as per the optimized monthly plan.
8Production in private refineries during November, 2016 was 7.543 MMT which is 0.59% lower than the target for the month and 0.37% lower than the production achieved in the corresponding month of last year.
8Cumulative production during April-November, 2016 was 60.600 MMT which is 2.34% higher than the target for the period and 4.94% higher than the production during corresponding period of last year.
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