
REC extends ₹ 4,785 Crore for HPCL Rajasthan Refinery’s project in Barmer
New Delhi, July 05, 2023. REC Limited has extended a loan of ₹ 4,785 crores to HPCL Rajasthan Refinery Limited (HRRL), for setting up a green field refinery cum petrochemical complex in Barmer district, Rajasthan. The loan has been extended as part of a consortium arrangement for ₹ 48,625 crores, wherein the share of REC Limited is…