Public sector Hindustan Petroleum Corporation Limited (HPCL) is looking at reviving its plan to set up a greenfield refinery plant in Visakhapatnam. The company already operates an 8.3-million tonne (mtpa) capacity refinery at the port city.

The plan remained only on paper after HPCL was allotted 1,500 acre land five years ago. The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) recently cancelled the allotment and also paid back the money, which it had received towards land.