Upcoming Refinery Projects in India: Pipeline & EPC Leads

Projects India currently tracks 115 upcoming refinery and petroleum projects across India, of which 29 are verified. One project was added to our database in the last 90 days. Among projects with a recorded cost, the combined value stands at about Rs 11.54 lakh crore — making this one of the highest-value industrial pipelines we monitor.

Upcoming refinery projects in India at a glance

Largest upcoming refinery and petroleum projects in India

The table below lists the highest-value projects our database records. Together they account for the bulk of the combined pipeline value and span greenfield, expansion and downstream petrochemical investments.

Several points stand out. The Nayara Energy expansion at Vadinar and the BPCL greenfield at SPSR Nellore together represent over Rs 2.33 lakh crore of investment, both still in the approvals stage, meaning procurement cycles have not yet opened but pre-qualification and design work may already be under way. The HPCL Rajasthan Refinery Limited project at Barmer is the most advanced large project in our database, with construction already started — making it the most immediate source of active EPC and supply contracts in the pipeline. The Ratnagiri complex in Maharashtra and the Kakinada-area projects in Andhra Pradesh indicate that coastal locations with port access continue to dominate greenfield site selection for new capacity.

Where these projects are: state-by-state distribution

As the chart below shows, Gujarat leads with 16 projects, followed closely by Maharashtra (15) and Andhra Pradesh (14).

For suppliers and contractors, the geographic spread matters as much as the headline count. Gujarat's 16 projects include both large private-sector expansions such as Nayara at Vadinar and public-sector investments near Kachchh, giving the state a mix of near-term and medium-term opportunities. Andhra Pradesh's 14 projects are concentrated around the East Godavari coast and Visakhapatnam, creating a cluster where logistics, fabrication yards and local contractor capacity will be in heavy demand once environmental and land clearances are resolved. Assam, with 12 projects, reflects ongoing investments in the northeast, primarily around existing refining hubs, where Numaligarh Refinery Limited is the most active promoter. Tamil Nadu's 10 projects are anchored by CPCL's substantial expansion and greenfield plans near Nagapattinam. States such as Bihar (5), Odisha (6) and West Bengal (7) represent a secondary tier where project counts are lower but individual project values can still be significant. Rajasthan does not appear in the top-ten state list by count, but the Barmer project alone — at Rs 43,129 crore and in active construction — makes it one of the most commercially active states right now for refinery project supply chains.

What stage are these projects at — and what that means for buyers

Stage distribution shapes who should be reaching out and when. As the chart below shows, the largest single group sits in the Under Approvals stage.

With 53 projects under approvals, this is where the pre-project work happens: environmental impact assessments, land acquisition, feasibility reports and front-end engineering design (FEED). Consultants, environmental specialists, geotechnical firms and FEED contractors should be active at this stage. Thirty-three projects have construction started — these are the live opportunities for civil contractors, structural fabricators, equipment manufacturers and material suppliers. Foundation work, tank erection, substation installation, pipeline fabrication and instrumentation all run in parallel during the construction phase, so multiple procurement windows are open simultaneously on a single site. Twenty-one projects are in planning, which typically precedes the approvals process and is still early enough for relationship-building and pre-qualification submissions. Four projects are nearly complete, representing a final phase of commissioning equipment, instrumentation calibration and pre-start-up safety reviews. Taken together, the 33 construction-stage projects represent the most immediately addressable market for contractors and suppliers tracking live government tenders and private procurement notices.

Most active promoters in India's refinery project pipeline

As the chart below shows, Indian Oil Corporation Limited dominates the pipeline by sheer project count.

Indian Oil Corporation Limited leads with 29 projects and a combined recorded cost of about Rs 1.81 lakh crore — covering expansions, new units and associated infrastructure spread across multiple states including Haryana, Gujarat and others. Bharat Petroleum Corporation Limited follows with 11 projects worth about Rs 1.49 lakh crore, including the newly added Rs 1,03,408 crore greenfield at SPSR Nellore. Chennai Petroleum Corporation Limited accounts for 7 projects with a combined value of about Rs 84,244 crore, concentrated in Tamil Nadu. Numaligarh Refinery Limited holds 7 projects worth about Rs 34,150 crore in the northeast. Hindustan Petroleum Corporation Limited runs 10 projects totalling about Rs 62,652 crore, with its Visakhapatnam project among the larger entries. Bharat Oman Refineries Limited, though smaller in project count at 3, carries a combined recorded value of about Rs 70,500 crore — reflecting large individual project sizes. For refinery EPC contractors and equipment suppliers, mapping your existing relationships with these promoters against the project stage data is the fastest way to identify where conversations should start.

Recently added projects to watch

One project was added to our database in the last 90 days. The most significant new entry is the Refinery and Petrochemical Complex at SPSR Nellore, Andhra Pradesh, promoted by Bharat Petroleum Corporation Limited at a recorded cost of Rs 1,03,408 crore. Currently in the Under Approvals stage, this greenfield project is among the highest-value single refinery investments tracked in our database. Given its scale and BPCL's track record of structured procurement, pre-qualification outreach from EPC contractors and long-lead equipment suppliers — including those dealing in distillation columns, heat exchangers, fired heaters and process control systems — would be well-timed as the approvals process advances.

What this means for suppliers and contractors

The refinery project pipeline in India offers differentiated entry points depending on a company's capabilities and sales cycle.

• Construction-started projects (33 projects): The most immediate commercial opportunity. These sites are actively procuring civil and structural works, piping and mechanical equipment, electrical switchgear and transformers, instrumentation and control systems, tank foundation and substation packages, and safety and fire-fighting systems. Vendors should be submitting vendor approval documents and responding to existing or imminent tenders.
• Under Approvals projects (53 projects): The largest group by count. EPC firms, FEED consultants, environmental and geotechnical consultants, and project management consultants should be positioning now. Promoters at this stage are selecting advisors and preparing detailed project reports. Early engagement influences vendor lists for the construction phase that follows.
• Planning-stage projects (21 projects): Early enough to influence technology selection, process licensing decisions and equipment specifications. Technology licensors, process engineers and long-lead equipment manufacturers benefit from engagement here.
• Nearly complete projects (4 projects): The focus shifts to commissioning services, pre-start-up safety reviews, catalyst loading, and operations and maintenance contracts. Specialist commissioning firms and O&M contractors should be in conversation with these project teams now.

Across all stages, the foundation-tank-substation package is a recurring procurement item in refinery construction. Contractors specialising in reinforced concrete foundations for large-diameter storage tanks, high-voltage substations and utility buildings should flag every construction-started project in their target states. Similarly, instrumentation integrators and control-system vendors find opportunities across multiple projects simultaneously once construction begins at clustered locations such as the East Godavari coast or the Kachchh-Barmer corridor. For a broader view of active EPC opportunities across sectors, see our coverage of new EPC projects in India.

How to track these projects

Projects India monitors all 115 upcoming refinery and petroleum projects in its projects intelligence database, updated as approvals are granted, tenders are issued and construction milestones are reached. Each project record includes promoter contact details, project location, current stage, recorded cost, capacity where available and linked tender notices. Sales teams can filter by state, stage or promoter to build targeted prospect lists. EPC contractors and equipment suppliers who want to see the depth of a project record before subscribing can request a free sample project report. For a complete view of all 115 refinery and petroleum projects currently tracked, visit the Petroleum Products Refinery projects page, or browse the full upcoming projects database across all 84,497 projects Projects India tracks nationally.