Numaligarh Refinery achieves financial closure for expansion project

Numaligarh Refinery Limited (NRL) has achieved financial closure for its upcoming 6 MMTPA refinery expansion project.

Assam-based 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.

The loan agreement signing ceremony with lender banks led by SBI was held in Guwahati, Assam on Thursday (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.

 

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