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HPCL resumes work on Rs 41,000 crore Rajasthan oil refinery

HPCL resumes work on Rs 41,000 crore Rajasthan oil refinery

Monday, April 17, 2017, 10:49 PM

State-owned HPCL decided to resume work on the Rs 41,000-crore Rajasthan oil refinery after its board agreed on reduced fiscal incentives from the state government. "HPCL Board at its meeting held today has approved resumption of Rajasthan refinery project and signing of revised MoU with the Government of Rajasthan for implementation of the project," the company said in a filing to the stock exchanges.
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