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Modi inaugurates $6.8-bn fuel refinery in Rajasthan to meet demand surge

The project is now estimated to be completed by 2022-23

Reuters 

Indian Prime Minister Narendra Modi on Tuesday launched the construction of a $6.8 billion refinery in the western state of Rajasthan, hopeful to lift national capacity to meet the surge in fuel demand. By 2030, India's demand for petrol and diesel is expected to go up by two-thirds to 170 billion litres, as an expanding middle class spends on cars and air travel. The 180,000-barrel-per-day refinery and petrochemical project in the state bordering Pakistan is being built by the country's third-biggest state refiner Hindustan Petroleum Corp Ltd (HPCL) in a tie-up with the ...

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First Published: Tue, January 16 2018. 21:54 IST
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