Q1. With reference to the Cabinet Committee on Economic Affairs decision on HRRL in April 2026, consider the following statements: 1. The approved revised project cost was Rs.79,459 crore. 2. The project cost was revised from Rs.79,459 crore down to Rs.43,129 crore. 3. CCEA approved additional equity investment of Rs.8,962 crore by HPCL. 4. After the increment, HPCL's total equity investment was stated as Rs.8,962 crore. Which of the statements given above are correct?
Explanation
Statements 1 and 3 are correct. CCEA approved revision of the project cost from Rs.43,129 crore to Rs.79,459 crore and additional HPCL equity of Rs.8,962 crore. Statement 2 reverses the direction of revision. Statement 4 confuses additional equity with total HPCL equity after increment, which was Rs.19,600 crore.
