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Reliance Petroleum has the highest complexity index of 9.9 compared to the other Indian refineries. With stringent environment regulations expected in the near future, other existing refineries will be forced to upgrade their units. Already, Indian refineries are spending $1 billion on hydro-desulphurisation to reduce the sulphur content in diesel from the current permissible levels of 1 per cent to 0.25 per cent by 1 April 2000. Further, leaded petrol will have to be completely eliminated by 2000. | Companies | Refining capacity FY2000
million tonnes | Cash profit FY 2000E
Rs million | Nelson's complexity index | | IOC | 31.7 | 40,045 | 4.1 | | HPCL | 22.0 | 15,432 | 3.6 | | BPCL | 8.0 | 12,399 | 4.0 | | CRL | 7.5 | 3,993 | 5.0 | | MRL | 7.5 | 3,243 | 3.6 | | Reliance Petroleum | 27.0 | 22,583 | 9.9 | HPCL's refining capacity is inclusive of its joint venture with MRPL. RPL's cash profit is for FY2001 - its first full year of operations - IOC - Indian Oil Corporation
- HPCL - Hindustan Petroleum Corporation Ltd
- BPCL - Bharat Petroleum Corporation Ltd
- CRL - Cochin Refineries Ltd
- MRL - Madras Refineries Ltd
Source: ASK Raymond James
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