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PFC 
Reputation: 642,681 • Jul 6, 2023 5:31 PM
Power Finance Corp provides Rs 9,187 cr finance to HPCL Rajasthan Refinery
On July 4, 2023 HRRL executed a loan agreement under a consortium arrangement for Rs 48,625 crore, wherein the share of PFC Ltd was Rs 9,187 crore. HRRL is a Joint Venture (JV) between Hindustan Petroleum Corporation Ltd (HPCL) and the Rajasthan government. HPCL holds 76 per cent in the JV, while the Rajasthan government holds the remaining 26 per cent stake.
The Economic Times
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