Financing closes for $6bn HPCL refinery

The Hindustan Petroleum Corp Ltd (HPCL) has signed a Rs28,753 crore ($4.038 billion) debt syndication agreement with a consortium of nine lenders to fund a refinery and petrochemical project in Barmer district of Rajasthan.State Bank of India (SBI) is the lead lender with more than 50% share in the...