the record rs 21 lakh crore target the finance minister has set from disinvestment proceeds in the budget for 202021bpcl operates four refineries in mumbai maharashtra kochi kerala bina madhya pradesh and numaligarh assam with a combined capacity of 383 million tonne per annum which is 153 per cent of indias total refining capacity of 2498 million tonnewhile the numaligarh refinery will be carved out of bpcl and sold to a psu the new buyer of the company will get 353 million tonne of refining capacity 12 million tonne mumbai unit 155 million tonne kochi refinery and 78 million tonne bina unitit also owns 17138 petrol pumps 6151 lpg distributor agencies and 61 out of 256 aviation fuel stations in the countrybpcl is indias secondlargest oil marketing company with a standalone domestic sales volume of over 4310 million tonnes and a market share of 22 per cent during fy20 it is indias 6th largest company by turnoverits petrol pumps sell more fuel than the industry average bpcl pumps sell 124 kilolitres per month as compared to the industry average of 116 according to the company websitethe firm also has upstream presence with 26 assets in 9 countries such as russia brazil mozambique the uae indonesia australia east timor israel and india it is also making a foray into city gas distribution and has licences for 37 geographical areas gas