India, Oct. 28 -- Oil India signed two landmark Memoranda of Understanding (MoUs) with Bharat Petroleum Corporation (BPCL) and Numaligarh Refinery (NRL).OIL and BPCL signed a non-binding MoU to explore collaboration in developing BPCL's upcoming Greenfield Refinery and Petrochemical Complex near Ramayapatnam Port in Nellore district, Andhra Pradesh.The proposed facility, with a refining capacity of 9-12 MMTPA (MMTPA) and a ethylene cracker unit of 1.5MMTPA, represents an estimated investment of ?1 lakh crore (US$11 billion) and is anticipated to play a pivotal role in India's downstream sector expansion. The project is slated for commercial operations by FY 2030.Under the MoU, the companies will evaluate opportunities for collaboration, inc...