Indian state oil refiners plan 1.2 mln bpd plant on west coast

MUMBAI, Jan 25 (Reuters) - Three Indian state-run oil refiners will jointly build a 60 million tonnes a year, or 1.2 million barrels per day (bpd), refinery on the country's west coast, the federal oil minister said on Monday, adding the investment for the first phase of the refinery could exceed 1 trillion rupees ($14.8 billion).