https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

REC Grants 4,785 Cr for HPCL Rajasthan Refinery’s Barmer Project

HRRL is a Joint Venture (V) business formed on September 18, 2013 by Hindustan Petroleum Corporation Limited (HPCL) and the Government of Rajasthan
Indian Masterminds Stories

HPCL Rajasthan Refinery Limited (HRRL) signed a credit agreement for Rs.48,625 crore under a consortium arrangement, with the state-run REC Ltd owning 24,785 crore. HRRL is constructing a greenfield refinery and petrochemical complex with a capacity of 9 MMTPA in Rajasthan’s Barmer district at a cost of 72,937 crore.

HRRL is a Joint Venture (V) business formed on September 18, 2013 by Hindustan Petroleum Corporation Limited (HPCL) and the Government of Rajasthan. HPCL owns 74% of HRRL, with the government of Rajasthan owning the remaining 26%.

The project entails constructing an energy-efficient and environmentally friendly refinery cum petrochemical complex with a capacity of 9 MMTPA, constructing a pipeline for transportation of both Rajasthan Crude and imported crude, constructing a pipeline for transportation of water to the refinery site, constructing a captive Power Plant to meet refinery power and steam requirements, crude and product storage facilities, township and allied facilities and utilities, and constructing a captive power plant.

The Project will manufacture clean fuels such as BS-VI grade Motor Sprit (MS or Petrol) and BS-VI grade High-Speed Diesel (HSD or Diesel), as well as petrochemical products such as polypropylene, butadiene, LLDPE, HDPE, benzene, and toluene. The Project will meet the rising demand for petroleum and petrochemical products in the country, particularly in the Western, Northern, and Central areas of India.


Indian Masterminds Stories
Related Stories
NEWS
NPCI
NPCI Expands AI Use to Strengthen Security Amid Rising UPI Transactions
IAS Extension (4)
JNPA Records 13.55% Growth in Container Traffic, Handles 7.3 Million TEUs in FY 2024-25
PNGRB
PNGRB Proposes Indian Oil for Andaman & Nicobar Gas Infrastructure Development
Coal India Limited_CIL_logo_resized
Coal India Expands Global Footprint with Lithium Push in Argentina
RailTel Corporation of India Limited 2
RailTel, LTSU, and NSDC Join Hands to Boost Railway Sector Skills Development
NHAI logo
NHAI Achieves Record Highway Construction and Investment in FY 2024-25
Chennai Petroleum Corporation Limited (CPCL)
H Shankar Appointed MD of Chennai Petroleum Corporation Limited
IAS Shelly Rathi
IAS Shelly Rathi Appointed Joint Secretary to Chief Minister of Delhi
Videos
Padmapani Bora IRS
The Rise of Assam as India’s Most Exciting Tourist Spot | Exclusive with IRS Padmapani Bora
Sajjan Yadav, IAS
The Policy Maker Who Turned India’s Vaccine Story and UPSC Struggles into Bestsellers
WhatsApp Image 2025-03-21 at 14.33
Training The Cops In Mastering The Technology Used By Criminals
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
NPCI
NPCI Expands AI Use to Strengthen Security Amid Rising UPI Transactions
IAS Extension (4)
JNPA Records 13.55% Growth in Container Traffic, Handles 7.3 Million TEUs in FY 2024-25
Videos
Padmapani Bora IRS
Sajjan Yadav, IAS
WhatsApp Image 2025-03-21 at 14.33
ADVERTISEMENT
ADVERTISEMENT