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Rs 6,200 crore investment in the petroleum sector in Rajasthan

Rajasthan Additional Chief Secretary (Mines and Petroleum) Subodh Agarwal said four companies in the petroleum sector had signed agreements on investment during "Invest Rajasthan"

crude oil, petroleum
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A 9-million-tonne-per-annum refinery-cum-petrol chemical complex at Rs 43,129 crore is being set up in Barmer district. Photo: Bloomberg

Anil Sharma Jaipur
Fresh or new investments of Rs 6,200 crore have been made by companies in the petroleum sector in Rajasthan, a senior state government official said.

“In all, investments of over Rs 22,838 crore are being made by four companies in a phased manner. Of this, work on over Rs 6,200 crore has started,” Rajasthan Additional Chief Secretary (Mines and Petroleum) Subodh Agarwal said.

Agarwal said four companies in the petroleum sector had signed agreements on investment during “Invest Rajasthan”.

Cairn Vedanta signed a proposal for Rs 20,000 crore, Oil India for Rs 663 crore, Oil and Natural Gas Corporation for