HPCL Rajasthan Refinery Ltd. is a joint venture between Hindustan Petroleum Corporation Limited (HPCL) and government of Rajasthan with an equity participations of -

Correct option is D

The correct answer is (d) 74% and 26% respectively.
Key Points:
· Equity Participation: HPCL Rajasthan Refinery Ltd. is a joint venture where Hindustan Petroleum Corporation Limited (HPCL) holds a 74% equity stake, while the Government of Rajasthan holds a 26% equity stake.
· Project Overview: The project involves setting up a 9 MMTPA (Million Metric Tonnes Per Annum) Greenfield Refinery cum Petrochemical Complex at Pachpadra in the Barmer district of Rajasthan.
· Flexibility: The refinery has the flexibility to process a mix of local and imported crudes.
· Cost: The estimated cost of the project is Rs 43,129 crores.
· Products: The refinery will produce BS-VI Gasoline, BS-VI Diesel, Sulfur, Polypropylene, Linear Low-Density Polyethylene, High-Density Polyethylene, Benzene, Toluene, and 1,3 Butadiene.
· Evacuation: The evacuation of BS-VI Gasoline and Diesel products will be carried out via the Barmer-Palanpur Pipeline. Liquid and solid petrochemical products will be evacuated through road tankers.
Additional Information:
· HPCL’s Role: HPCL is a major player in this venture, bringing extensive experience in the refining sector.
· Government’s Role: The Government of Rajasthan’s participation underscores its commitment to enhancing local infrastructure and economic development.
· Project Impact: This refinery is expected to significantly impact the local economy, create job opportunities, and contribute to the region's industrial growth.