Numaligarh Refinery achieves financial closure for its upcoming refinery expansion project
Assam-based Numaligarh Refinery Limited (NRL)has achieved financial closure for its upcoming 6 MMTPA refinery expansion project.
The loan agreement signing ceremony with lender banks led by SBI was held in Guwahati, Assam on December 30, 2021 which was attended by senior officials from all the member consortium banks, representatives from Oil India Limited, Government of Assam, and other stakeholders.
NRL is pursuing a mega integrated refinery capacity expansion project to treble its refining capacity from 3 MMTPA to 9 MMTPA at a cost of Rs. 28,026 Crore.
As a part of the project, the company is also laying a crude oil pipeline ( length 1640 Km) from Paradip, Odisha to Numaligarh along with a Crude Oil Import Terminal at Paradip for receipt of Imported Crude.
