The Union Cabinet has recently approved the proposal of Hindustan Petroleum Corporation (HPCL), a public sector undertaking to set up a 9 mmtpa greenfield refinery cum petrochemical complex in Barmer district in Rajasthan. As a JV with Government of Rajasthan under the name HPCL-Rajasthan Refinery Limited (HRRL), the proposed refinery will be a subsidiary of HPCL with 74 per cent equity to be held by HPCL and 26 per cent by the Government of Rajasthan. The cost of the project is estimated at Rs 37,230 crore.
Contact: Hindustan Petroleum Corporation.
Tel: 022-2286 3900.
Website: www.hindustan petroleum.com