Power Finance Corp provides Rs 9,187 cr finance to HPCL Rajasthan Refinery
State-owned Power Finance Corporation (PFC) on Thursday said it has provided Rs 9,187 crore finance to HPCL Rajasthan Refinery Ltd.
This is the first project where PFC has extended its financial assistance to the refinery and petrochemical sector, a company statement said.
PFC is extending its support in nation building not only through the power sector but also in the infrastructure segment, it stated.
“PFC, a Maharatna company and India’s leading NBFC in the power sector, has extended its financial assistance of Rs 9,187 crore to HPCL Rajasthan Refinery Ltd for its 9 MMTPA refinery-cum-petrochemical complex located at Barmer, Rajasthan,” it said.
