Key Milestone Achievement
HPCL Rajasthan Refinery Limited has declared the Actual Date of Commencement of Commercial Operations as June 22, 2026. This declaration was made to the Lead Banker, State Bank of India, in accordance with the terms and conditions stipulated under the Rupee Term Loan Facility Agreement.
Confirmation and Timing
State Bank of India confirmed via letter dated June 23, 2026 that it has taken on record HRRL's declaration of the Actual Date of Commencement of Commercial Operations. This intimation to the stock exchanges was made on June 23, 2026, by Rakesh Kumar Singh, Company Secretary of HPCL.
Strategic Context
The achievement of commercial operations represents a major milestone for HRRL. HPCL acknowledged the contributions of the Ministry of Petroleum and Natural Gas (MoPNG), Government of India, Government of Rajasthan, and all partners/stakeholders who contributed to HRRL's journey.