Bharat Oman Refineries Limited was incorporated as a Joint Venture between Bharat Petroleum Corporation Limited and OQ SAOC ( formerly known as Oman Oil Company SAOC) in the year 1994 to set up central India refinery under a bilateral agreement.
The Company commenced its commercial operation in the year 2011. In the year March 2020, the Company become subsidiary of Bharat Petroleum Corporation Limited and in July 2021, OQ SAOC entire shareholding was purchased by Bharat Petroleum Corporation Limited.
Government of Madhya Pradesh was also one of its stakeholders in the Company also exited in the year September 2021.
At present the Company is wholly owned subsidiary of Bharat Petroleum Corporation Limited.
'Bharat Petroleum Corporation Limited' – a 'Maharatna' Public Sector Unit of Government of India and a Fortune 500 company with upstream, midstream and downstream presence in the oil & gas sector.
With significant co-operation from the Government of Madhya Pradesh, BORL set up a six million tonnes per annum (6.0 MMTPA) grassroots petroleum refinery at Bina, M. P. in the serene surroundings of Bundelkhand. Dedicated to the nation in May 2011 by then Hon’ble Prime Minister of India, the refinery produced environmentally compliant fuels of BS-IV grade.
Since commissioning, the Company has achieved significant milestones and has recently implemented the debottlenecking project to enhance capacity from 6.0 to 7.8 MMTPA with capability to produce 100% BS-VI specifications fuel.
Committed to energy conservation through innovations
The Hon’ble President of India, Shri Ram Nath Kovind, conferred the prestigious ‘National Energy Conservation Award 2017’ for phenomenal improvement in energy conservation by the company recipient of ‘Excellent Energy Efficient Unit’ award instituted by CII.
Growing the Region, Growing with the Region
We endeavour to contribute in progress of the country and believe in ‘Think Global Act Local’. Being a socially responsible organization, we strive for inclusive development of Bina region by supporting initiatives to promote education, endorse sporting activities, inculcate sustainable rural development and foster healthcare services.
We are a performance driven company, have already set benchmarks in our spheres of operations and aspire to set many more. Responding to increased demand in the Company serviced markets, we have expanded our refining capacity project in FY 2018-19 and we look forward to opportunities for growth and diversification.
At the forefront in fighting vehicular pollution
BORL commences production of BS VI standards fuel