“Production would be 10.5 million tonne though template capacity was 9 million tonne,” said Bhaswar Mukherjee, director (Finance) of HPCL.
Mukherjee said that 35% of the physical construction at the project has been concluded. The subsidy issue with Punjab government had no impact on the project progress.
“Our JV partner L N Mittal group continues to pay their share of equity on time and recently they have honoured Rs 150 crore equity call,” Mukherjee said.
