Rs.87830 Million New Greenfield Refinery Project in Mundra, Gujarat
A new greenfield refinery project with an estimated cost of Rs.60710 million is planned for Mundra, Gujarat. The project will involve setting up a state-of-the-art refinery to process crude oil and produce high-quality petroleum products. Financial closure for the project has been achieved as of June 2022 through a syndicate club loan. The project is expected to generate employment opportunities, promote local economic development, and support India's growing demand for energy.
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