HPCL's Rajasthan Refinery Set for Year-End Debut, Focused on Majority Middle East Oil

08 Mar 2024 CW Team

Hindustan Petroleum Corporation (HPCL) is on the verge of launching its Rajasthan refinery by the end of the year, with a keen focus on utilising predominantly Middle East-derived oil. The article details the operational timeline and highlights the strategic significance of the refinery, poised to play a crucial role in enhancing India's refining capacities.

Key aspects of the project, such as its location, capacity, and anticipated contributions to the region's economic landscape, are explored. The emphasis on sourcing a majority of crude oil from the Middle East reflects the refinery's strategic procurement approach. Statements from HPCL officials shed light on the company's vision for the Rajasthan refinery and its role in meeting the country's growing energy demands.

By providing insights into the operational timeline, sourcing strategy, and broader implications, the article aims to convey the importance of HPCL's upcoming Rajasthan refinery in shaping India's energy infrastructure. It underscores the refinery's role in contributing to regional development and addressing the nation's refining needs.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..