Investment worth Rs 70K crore expected in Petroleum and Petrochemical Sector in Rajasthan, Dharmendra Pradhan

Minister Pradhan said about Rs 43000 crore will be in invested in the refinery to be set up in Pachpadra in Barmer district while Rs 27000 crore will be invested in the oil fields of Cairn Energy.

Investment worth Rs 70K crore expected in Petroleum and Petrochemical Sector in Rajasthan, Dharmendra Pradhan

Investment worth Rs. 70,000 crore is expected in the coming four years in Rajastha’a Petroleum and Petro Chemical projects, union petroleum minister Dharmendra Pradhan said on Tuesday at a function in Jaipur.

The 9 MMTPA Rajasthan Refinery Project Finally Takes Of The Ground

The 9 MMTPA Rajasthan Refinery Project Finally Takes Of The Ground

Hindustan Petroleum Corporation Limited (HPCL), one of the biggest Navratna Public Sector oil Companies in India will be setting up a 9 MMTPA (Million Metric Tonnes Per Annum) capacity grass root Refinery cum Petrochemical Complex at Barmer, in Rajasthan in Joint venture with Government of Rajasthan (GOR). This estimated cost of the project is Rs.43,129 crore.

Crude Oil Shows Key Reversal Point

Crude Oil Shows Key Reversal Point

Crude Oil prices have been trending strongly higher through most of April as the commodity was buoyed by the ongoing OPEC production cuts, as well as plenty of geo-political risk. Subsequently