The Silver Jubilee of Panipat Refinery & Petrochemical Complex- installation of National pride aptly documented by India Post Office released by Shri M L khattar.

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HPCL Rajasthan Refinery is setting up a green field refinery-cum-petrochemical complex in Barmer , Rajasthan, at a Project Cost of ₹ 72,937 crore.

HRRL executed a loan agreement on 4th July 2023, under a consortium arrangement for ₹ 48,625 crore, wherein the share of PFC Ltd is ₹ 9,187 crore. HRRL is a Joint Venture (JV) company of Hindustan Petroleum Corporation Limited (HPCL) (76%) and the Government of Rajasthan (26%).

The Project includes setting up an energy-efficient and environment-friendly refinery-cum petrochemical complex, setting up a pipeline for transportation of both Rajasthan Crude and imported crude, the pipeline for transportation of water to the refinery site, a captive Power Plant for meeting refinery power and steam requirement, crude and product storage facilities, township and allied facilities and utilities.

The Project will be producing clean fuels such as BS-VI grade Motor Sprit (MS or Petrol) & BS-VI grade High-Speed Diesel (HSD or Diesel) and Petrochemical products such as Polypropylene, Butadiene, LLDPE, HDPE, Benzene and Toluene.

Overall, this financial assistance from PFC will support the development of the HPCL Rajasthan Refinery Project, contributing to the nation-building efforts in the Refinery and Petrochemical sector and expanding PFC’s role in the infrastructure segment.

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