Sunday, October 5, 2025
hello@chemdive.com
Write for us
ChemDive - Unveiling the latest in the chemical world
No Result
View All Result
  • Home
  • World
  • Asia
  • America
  • Europe
  • MENA
  • Energy
  • Petrochemicals
  • Speciality Chemicals
  • Product ListHot
  • Home
  • World
  • Asia
  • America
  • Europe
  • MENA
  • Energy
  • Petrochemicals
  • Speciality Chemicals
  • Product ListHot
No Result
View All Result
ChemDive - Unveiling the latest in the chemical world
No Result
View All Result
Home Asia

REC And HRRL Enters Into A Loan Agreement To Generate Clean Fuels

Chem Dive Team by Chem Dive Team
September 5, 2023
in Asia, Latest News
Reading Time: 1 min read
0
A A
0
REC And HRRL Enters Into A Loan Agreement To Generate Clean Fuels

State-run Rural Electrification Corporation or REC has entered into a loan agreement with HPCL Rajasthan Refinery or HRRL for Rs. 48,625 crore. Under the project, clean fuels will be produced such as BS-VI grade High-Speed Diesel, BS-VI grade Motor Spirit and products of petrochemicals such as Butadiene, HDPE, LLDPE, Toluene, Benzene and Polypropylene.

As per the agreement, a loan of Rs. 4785 crores will be provided by REC to HRRL in Rajasthan.

The agreement also includes developing a refinery and a petrochemical complex with a volume of 9mn tonnes per annum for Rs. 72,937 crore in Rajasthan’s Barmer district. The project also includes creation of a pipeline for water transportation till the refinery site and a pipeline set up for imported and Rajasthan crude transportation. It also includes making of a captive power plant for steam and refinery power requirements, facilities for product and crude storage and utilities, allied facilities and township.

Also Read :

Phosgene industry manages track record on safety, but better oversight of triphosgene use is needed

ACME Group and Japan’s IHI corporation report on progress of mega green ammonia venture in Odisha

SK Group to sell whole 35% stake in Chinese JV Sinopec-SK Petrochemical

Indian chemist dies after methanol inhalation incident

The project shall cater to the increasing demand of petrochemical and petroleum products in India especially in Central, Western and Northern parts.

HRRL is a joint venture between the Rajasthan Government and the Hindustan Petroleum Corporation or HPCL which was developed on September 18, 2013. While 26% is with the Rajasthan Government, 74% is with HPCL.

Source: Image Credit : https://www.projectsmonitor.com/
Tags: HRRLpetrochemicalsRajasthan
ShareTweetShareShareSend
Chem Dive Team

Chem Dive Team

Welcome to the insightful world of chemical knowledge! I'm Mahima Mehta, a seasoned content writer with a passion for all things chemical. With 15 years of experience in the industry, I've dedicated myself to bringing you the latest developments, in-depth analysis, and engaging narratives from the realm of chemistry.

Related Posts

India poised to emerge to be global hub for green hydrogen innovation: Minister Naik
Asia

India poised to emerge to be global hub for green hydrogen innovation: Minister Naik

September 15, 2025
0
Korea Zinc and Lockheed Martin sign MoU on Germanium supply and procurement
Asia

Korea Zinc and Lockheed Martin sign MoU on Germanium supply and procurement

September 10, 2025
0
Dow introduces Dowsil EG-4175 silicone gel
Latest News

Dow introduces Dowsil EG-4175 silicone gel

September 9, 2025
0
DCM Shriram and Aarti Industries form long-term strategic partnership on chlorine supply
Latest News

DCM Shriram and Aarti Industries form long-term strategic partnership on chlorine supply

September 9, 2025
0
Ingevity to sell North Charleston crude tall oil refinery to Mainstream Pine Products
Latest News

Ingevity to sell North Charleston crude tall oil refinery to Mainstream Pine Products

September 5, 2025
0
China’s chemicals makers reap reward of shift from oil to coal
Asia

China’s chemicals makers reap reward of shift from oil to coal

September 4, 2025
0

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Categories

  • America
  • Asia
  • Energy
  • Europe
  • Events
  • Inventions
  • Latest News
  • MENA
  • Petrochemicals
  • Speciality Chemicals
  • World

Dow extends ethylene supply agreement with MEGlobal

LyondellBasell expands Purell healthcare polymers in North America

Solvay to realign production at Bad Wimpfen and Garbsen sites in Germany

AI-Accelerated Material Discovery: What Will Happen in 2026

The Rise of Solid-State Batteries: Impact on the EV Industry

Titanium dioxide loses EU carcinogen label after court ruling

About ChemDive

ChemDive is a premier platform providing up-to-date global chemical news, industry insights, and in-depth analysis of trends shaping the chemical sector. It serves as a comprehensive resource for professionals, researchers, and enthusiasts, offering coverage on innovations, regulations, market developments, and technological advancements in the chemical industry. 

Quick Links

  • About Us
  • Privacy Policy
  • Write for Us
  • Terms & Conditions
  • Contact Us

Contact Us

Email: hello@chemdive.com

Designed & Managed by AK Network Solutions

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • World
  • Asia
  • America
  • Europe
  • MENA
  • Energy
  • Petrochemicals
  • Speciality Chemicals
  • Product List

© 2024. Designed & Developed by AK Network Solutions

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.