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State Focus 6 of 10
State Focus Tamil Nadu Economy Economy & Banking Science & Technology

Foundation stone laid for a ₹1,620 crore lube oil base stocks unit at CPCL's Manali Refinery

11 October 2026

Prime Minister Narendra Modi laid the foundation stone in Chennai on 11 October 2026 for the Group II/III Lube Oil Base Stocks (LOBS) project at the Manali Refinery of Chennai Petroleum Corporation Limited (CPCL). The project will cost about ₹1,620 crore and have a capacity of 270 thousand metric tonnes per annum (TMTPA). Lube oil base stocks are the refined oils from which lubricants are blended. The project was among works worth over ₹13,000 crore launched in Tamil Nadu that day.

Project: Group II/III Lube Oil Base Stocks (LOBS) Location: Manali Refinery, CPCL Cost: about ₹1,620 crore Capacity: 270 TMTPA
Why it matters for exams: Refineries, their locations and the public sector companies that own them recur in economy and geography questions.
Kerala PSCUPSC
11 October 2026 Source: Prime Minister's Office (PM India)

In plain words

LOBS Lube Oil Base Stocks — Refined base oils that are blended with additives to make lubricants.

TMTPA Thousand metric tonnes per annum — A unit of annual production or processing capacity.

CPCL Chennai Petroleum Corporation Limited — A public sector refiner in Chennai that runs the Manali Refinery.

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