REC Limited, a Maharatna CPSU under the Ministry of Power, has extended a substantial loan of INR 4,785 crores to HPCL Rajasthan Refinery Limited (HRRL) to finance the establishment of a greenfield refinery and petrochemical complex in the Barmer district of Rajasthan. The loan constitutes part of a larger consortium arrangement amounting to INR 48,625 […]
Hindustan Petroleum Corporation Ltd. (HPCL) has entered into the petrochemicals business with pre-marketing of a new polymer brand called HP DURAPOL. According to the Indian government-owned Indian oil and gas refining company, this is a pre-cursor to the marketing of the petrochemical products to be produced at HPCL Rajasthan Refinery Limited (HRRL). HPCL said that […]
