Pre-Feasibility Study Underway
India’s Oil and Natural Gas Corporation (ONGC) has initiated a pre-feasibility study to explore the construction of a **new refinery** in **Jamnagar, Gujarat**, with a proposed capacity of **200,000–240,000 barrels per day (bpd)**. This development aligns with India’s ambition to become a global refining powerhouse.
Strategic Significance
- India ranks as the **third-largest oil importer and consumer globally**, and expanding refining capacity is critical.
- Jamnagar is already home to the world’s largest private refinery complex; this project would further cement its status as a refining hub.
Investment and Timeline
The proposed refinery represents a significant downstream investment, with estimates ranging from ₹1.25 to ₹1.5 lakh crore. Since the project is still in the feasibility stage, formal announcements and project-specific timelines have not yet been released.
Broader National Agenda
This potential project dovetails with India’s broader energy strategy to scale up refining and ensure self-reliance. ONGC’s exploration for a new unit in Jamnagar is consistent with policy goals.
Final Word
ONGC’s pre-feasibility for a new 200–240 kbpd Jamnagar refinery signifies a major step toward scaling India’s refining capabilities. While still early-stage, this initiative could play a pivotal role in strengthening the nation’s energy infrastructure and position on the global refining map.
Check our latest news section for updates as the project evolves.
