# The revised project cost of HPCL Rajasthan Refinery Ltd (HRRL) marks a significant jump from the earlier estimate of Rs 43,129 crore.

*business · news · 2026-04-08 · Daily Excelsior*

## Key points

- The Rajasthan oil refinery project's cost has risen sharply to Rs 79,459 crore from Rs 43,129 crore.
- HPCL will increase its equity contribution by Rs 8,962 crore, totaling about Rs 19,600 crore.
- The refinery will begin commercial operations on July 1, 2026, after inauguration on April 21.
- Cost escalation is due to rising input prices and the addition of advanced petrochemical units.

**Companies:** Hindustan Petroleum Corporation Ltd
**Countries:** India

[Read the full story on Daily Excelsior](https://www.dailyexcelsior.com/cabinet-approves-near-doubling-of-rajasthan-oil-refinery-cost-to-rs-79459-cr/)

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