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On 20th January, 1974, M/s BRPL was incorporated in Assam under the Companies Act, 1956 with an authorised capital of Rs.50 crores.
With the objective of installation of the Refinery having a crude processing capacity of 1 MMTPA and a Petrochemicals Complex consisting of Xylene, Di-Methyl Terephthalate (DMT) and Polyester Staple Fibre (PSF) Units.
The complex was built and commissioned in phases.
The capacity of Crude Distillation Unit was increased to 1.35 MMTPA from April, 1987 by debottlenecking.
Now the authorised capital (equity) of the company is Rs.200 crores. The paid-up capital as on date is Rs.199.82 crores.
As a part of the restructuring steps taken up by Govt. of India, Indian Oil Corporation Limited acquired Govt's equity in 2000-01. In view of this BRPL became subsididary of IOCL in 2001.
The capacity of the Refinery has been increased to 2.35 MMTPA in June, 1995 by installing additional unit.
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