Refinery Multi–Million Petrochemical Complex in Rajasthan
Hindustan Petroleum Corporation (HPCL) has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan (GoR) for setting up a state-of-the-art 9 MMTPA refinery- and petrochemical complex in Barmer District of Rajasthan. The project will be setup in joint venture between HPCL, Rajasthan State Refinery Limited (RSRL) and other equity partners.
Jaipur/India – Proposed refinery will be setup at an estimated capital investment of Rs. 37,230 Cr/US $ 6.8 billion. The project is expected to take about four years for going on stream after getting approval from the Government of India. The proposed refinery will process the locally available Rajasthan crude as well as other crudes. The refinery-cum-petrochemical complex is designed to produce motor fuels with latest environmental specifications and wide range of petrochemicals which will have a substantial impact on the economy of the State of Rajasthan. The project related studies have been carried out by renowned consultants.