HPCL Refinances ₹50,000 Crore Rajasthan Refinery Debt
Hindustan Petroleum refinanced about ₹50,000 crore of Rajasthan refinery debt, reducing borrowing costs by around 105 basis points and targeting annual interest savings of about ₹1,000 crore.
Hindustan Petroleum Corp. (HPCL) has refinanced about ₹50,000 crore of debt at its Rajasthan refinery, securing a reduction of around 105 basis points in borrowing costs and targeting annual interest savings of about ₹1,000 crore through a broader restructuring of the project's finances, Chairman a…