Question
The Cabinet Committee on Economic Affairs (CCEA)
approved the revised cost of the HPCL Rajasthan Refinery Limited (HRRL) project. What is the revised project cost from the original Rs 43,129 crore?Solution
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the revised cost of the HPCL Rajasthan Refinery Limited (HRRL) project from Rs 43,129 crore to Rs 79,459 crore. Additionally, Hindustan Petroleum Corporation Limited (HPCL) will invest additional equity investment of Rs 8,962 crore, following which the total equity investment by HPCL reaches Rs 19,600 crore.
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