Rajasthan Chief Minister Vasundhara Raje today announced renegotiate the oil refinery-cum- petrochemical complex project with HPCLBSE 0.98 % started by the former government in Barmer district as the state share was just 26 per cent despite offering free infrastructure facilities.

Raje in her Budget speech for 2014-15 said the previous government entered into an agreement with HPCL for setting up the complex and committed to give interest free annual loan of Rs 3,736 crore per annum for a period of 15 years.


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