Shardul Amarchand Mangaldas & Co. advises HPCL Rajasthan Refinery Ltd. on Refinancing and Working Capital Financing Arrangements
The term loan proceeds will be utilised for the part refinancing of existing project loans, while the working capital facilities will support HRRL’s working capital requirements and help address cash flow mismatches associated with the project, including its allied utilities and facilities at Pachpadra, District Balotra, Rajasthan.