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Stock Report
Hon'ble PM Shri Narendra Modi lays the Foundation Stone of LPG Plant with Rail Unloading Facility at Hathua, Dist. Gopalganj, Bihar
Posted On : 2025-04-25 20:25:55( TIMEZONE : IST )
Hon'ble Prime Minister, Shri Narendra Modi, laid the foundation stone of a state-of-the-art LPG Bottling Plant with a Rail Unloading Facility at Hathua in Gopalganj District, Bihar, which underscores the government's commitment to enhancing energy security and promoting sustainable development in the region.
Project Highlights
The project, worth ₹340.15 Crore, is scheduled to be completed by March 31, 2027. The new LPG Bottling Plant will have a capacity of 180 Thousand Metric Tons Per Annum (TMTPA). The plant will be equipped with state-of-the-art infrastructure, including a railway unloading siding for efficient LPG receipt and storage, Mounded Storage Vessels (MSV) for safe storage, and a 2x24 station electronic carousel for streamlined operations.
Benefits
This project will meet the enhancing demand of LPG in North-West Bihar and North Central Bihar.
This project is expected to generate estimated total employment for 1.2 lakh man-days during the construction stage. Upon completion, it will significantly enhance the quality of life for the local population by providing reliable and efficient LPG supply.
The project will also reduce carbon emissions associated with road transport, aligning with India's commitment to sustainable development. Additionally, the Vapour Recovery processes will further reduce carbon emissions. The expected annual reduction is approximately 11,000 MT Co2e GHG emissions equivalent to planting of 5 lakh trees.
Moreover, the plant will enhance energy security in the region by ensuring a reliable and uninterrupted supply of LPG, a crucial fuel for domestic and commercial use.
Shares of Bharat Petroleum Corporation Limited was last trading in BSE at Rs. 295.40 as compared to the previous close of Rs. 301.95. The total number of shares traded during the day was 234637 in over 3565 trades.
The stock hit an intraday high of Rs. 304.95 and intraday low of 293.20. The net turnover during the day was Rs. 69663024.00.
