India, Oct. 27 -- Tata Power has signed a Memorandum of Understanding (MoU) with Bharat Petroleum Corporation Limited (BPCL) to develop 110 kV power infrastructure to meet the 90 MW electricity requirement of BPCL's Petro Resid Fluidized Catalytic Cracking Unit (PRFCCU) project at its Mumbai Refinery.
The PRFCCU project, with a processing capacity of 3 million metric tonnes per annum (MMTPA) and an estimated investment of Rs 14,203 crore, is the first of its kind in India. It is BPCL's second-largest project currently under execution and the largest project undertaken at its Mumbai Refinery. The initiative aims to enhance value addition, support petrochemical diversification and strengthen India's energy security.
Under the MoU, Tata Powe...