NRL secures ₹3,482 crore loan for pipeline project
pre-market1 source ↓written by the desknot a recommendation
- term loan
- ₹3,482 crore
Numaligarh Refinery Limited (NRL) has secured a ₹3,482 crore term loan from the National Bank for Financing Infrastructure and Development (NaBFID) to finance the Paradip-Numaligarh Crude Oil Pipeline. This funding aims to enhance energy infrastructure efficiency and support India's energy security goals. The agreement was signed by senior officials from both organizations.
Not investment advice. For informational purposes only.