Project Work Commenced Oil & Gas / Refinery Private Sector

Rs.87830 Million New Greenfield Refinery Project in Mundra, Gujarat

Investment
More than 49999 Million
Stage
Project Work Commenced
Location
Mundra, Gujarat
Last updated
25 Jul 2023

Project summary

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.

Project details

SegmentOil & Gas / Refinery
IndustryPetroleum
Products & capacityGreenfield Refinery
DistrictMundra
StateGujarat
InvestmentMore than 49999 Million
Project typeNew
OwnershipPrivate Sector
StageProject Work Commenced
Last updated25 Jul 2023
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