Due to effective management of its crude basket and other factors during 2023-24, the Chennai Petroleum Corporation Ltd (CPCL) Refinery at Manali has achieved the highest ever crude throughput of 11.64 million metric tonnes (MMT) so far. This is 111% of its installed capacity of 10.5 MMT. During the previous year the refinery’s throughput was 11.32 MMT.
The refinery, which is the only PSU-run refinery in the State, has crossed 1,000 thousand metric tonnes (TMT) crude put through in eight of the 12 months. Official sources in CPCL said that along with effective crude mix, the company has over 150 varieties in its basket and refinery managers also ensured operational efficiency, energy conservation and reduction in fuel usage and loss.
“We have mitigated legacy issues of high crude oil transportation costs, while expanding market reach through exports to neighbouring countries. This, we have been able to do so due to our close coordination with Chennai Port and Indian Oil Corporation, our parent company,” explained an official source.