NRL sets new benchmarks with highest-ever crude throughput and distillate yield in FY 2022-23

Numaligarh Refinery Limited (NRL) has achieved a major milestone by recording the highest-ever crude throughput of 3.093 million metric tonnes (MMT) against its nameplate capacity of 3.0 MMT in the FY 2022-23.

NRL sets new benchmarks with highest-ever crude throughput and distillate yield in FY 2022-23
NRL sets new benchmarks with highest-ever crude throughput and distillate yield in FY 2022-23

NEW DELHI- Numaligarh Refinery Limited (NRL) has achieved a major milestone by recording the highest-ever crude throughput of 3.093 million metric tonnes (MMT) against its nameplate capacity of 3.0 MMT in the FY 2022-23. Additionally, the company has also achieved a distillate yield of 87.6%, the highest since its inception. NRL has accomplished this feat while keeping Capital Expenditure at ? 6,615 Crore, which is the highest ever till date, surpassing its earlier record of ? 3,605 Crore in the FY 2021-22.

The Company has concluded FY 2022-23 on a positive note with exemplary physical performance which is expected to translate into financial gains and enhanced bottom lines. Major Refinery products such as MS, HSD and Wax have shown highest ever production figures at 662.4 MT, 2,134.8 MT and 47.7 MT. LPG bottling has also been the highest ever at 65.9 TMT.

Read Also : India and Bangladesh to Renew Collaboration on Civil Service Training

Another highlight of the financial year has been the successful commissioning and inauguration of the India-Bangladesh Friendship Pipeline by the Hon’ble PMs of India and Bangladesh on 18th of March 2023. The 1 MMTPA, 132 KM pipeline has been built to transport HSD from NRL’s Siliguri Marketing Terminal in West Bengal to Parbatipur in Bangladesh.

The Refinery is on a major capacity expansion drive to increase its capacity from 3 MMTPA to 9 MMTPA which also includes putting up of a Crude Oil Import Terminal in Paradip Port, Odisha and laying of a 1,640 KM Crude Oil Pipeline from Paradip to Numaligarh. NRL is also implementing the first of its kind Bio Refinery with bamboo biomass as feedstock at Numaligarh through a JV Company with Finnish collaborators.

The Bio Refinery expected to be commissioned by the end of 2023 would produce 49,000 tonnes of Ethanol and other chemicals; contributing to the nation’s objective of achieving 20% ethanol blending in petrol by the year 2025.

Read Also : NTPC inks pact with RINL for supply of limestone

Hon’ble Union Minister for Petroleum and Natural Gas, Shri Hardeep Singh Puri in his recent tweets as below acknowledged and announced the exemplary performance of this North East India-based PSU:

He said- India’s energy sector entities working in top gear to achieve PM Shri narendra modi Ji’s vision for an energy-self-reliant India & putting NE states on the path to fast-paced development. Initiatives to boost production, refinery throughput & efficiency are showing results! 

He said In a major step in this journey, two NE-focused oil companies Oil India Limited & NRL report record physical performance for FY 2022-23! OIL achieved the highest ever Natural Gas Production (3.176 BCM) since inception & highest crude oil production (3.179 MMT) during the last 4 yrs.

he added 'For NRL has achieved highest ever Crude throughput (3.093 MMT/ capacity of 3.0 MMT) & distillate yield (87.5%) since inception.

CAPEX of the two companies stands at rs. 11,000 plus cr achieving more than 100% of the MoU target of Oil India Limited.

Read Also : RBL Bank Q4 Audited Financial results, FY24