India raises HPCL Rajasthan Refinery project cost to $8.6 billion

India’s cabinet approved an 84% increase in HPCL Rajasthan Refinery project costs to $8.6 billion.

Source: Reuters (via feed)




India’s cabinet approved an 84% increase in the project costs of HPCL Rajasthan Refinery Ltd (HRRL). The revised cost is 794.59 billion rupees, equivalent to $8.60 billion. Information Minister Ashwini Vaishnaw announced the update on Wednesday.

BizTrendWire Insight:

The cabinet’s approval sets the new official budget for the HPCL Rajasthan Refinery project.


Read full story on Reuters

Leave a Reply

Your email address will not be published. Required fields are marked *