Barmer Refinery

Barmer Refinery is an upcoming public sector refinery and petrochemical complex in the Barmer district of Rajasthan, India. It is joined owned by Hindustan Petroleum Corporation Limited and Government of Rajasthan. This refinery will be connected with Jamnagar Refinery and Bathinda Refinery through Amritsar Jamnagar Expressway.[1]

Barmer Refinery
Location of Barmer Refinery
CountryIndia
StateRajasthan
CityBarmer
Coordinates25.94364°N 72.203672°E / 25.94364; 72.203672
Refinery details
OperatorHPCL
Owner(s)HPCL and Government of Rajasthan
Capacity9×106 tonne/a (refining)
2×106 t/a (petrochemicals)

Construction and capacity

The foundation stones of the project were laid on 22 September 2013 by then Indian National Congress president Sonia Gandhi.

The projects has kick-started only after the Prime Minister Narendra Modi inaugurated the works on 16 January 2018. The project is planned to be completed by 2022-23.[2]

The project has planned capacity of 9 million tonne per year of refining capacity and 2 million tonne per year of petrochemical complex capacity. It will be spread across 4400.40 acres of land.[2]

Financing and outcomes

Barmer Refinery is owned by a joint venture between HPCL (owning 74% stakes) and Government of Rajasthan (owning 26% stakes). In January 2019, the project was announced to be worth ₹43,129 crore (US$6.0 billion). Around 66% of the finances (worth ₹28,753 crore (US$4.0 billion)) would be arranged through loan from joint consortium of lenders; State Bank of India being prime lender with over 50% contribution.[2]

HPCL Managing Director M. K. Surana said the project would employ 40,000 people directly and 60,000 people indirectly.[3]

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See also
  • Barmer
  • Amritsar Jamnagar Expressway

References
  1. "Construction of Amritsar Jamnagar Expressway to start soon".
  2. PTI (28 January 2019). "HPCL's Barmer refinery achieves financial closure". Economic Times. Retrieved 31 January 2019.
  3. "Barmer oil refinery back on track". The Hindu. 23 June 2019. Retrieved 20 September 2019.
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