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News Brief | September 2013

Water Woes to Rs 37,229 cr HPCL Refinery in Rajasthan

The Government of Rajasthan has found difficult to supply water to the proposed Rs 37,229 crore oil refinery unit of 9 mt capacity. The Rajasthan government and Hindustan Petroleum Corporation (HPCL) had earlier signed an agreement to set up the refinery, which would help in processing oil from Cairn India's fields in the state and other crudes. The Rajasthan government had also agreed to give an interest-free loan of Rs 3,736 crore per annum for 15 years to the unit after commercial production starts. And the government has also assured to provide five to six million gallons of water a day for the refinery.
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