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Financial restructuring of Hindustan Fertilizer Corporation Limited for faster revival of Barauni Unit

News and Press Release - Dated:- 25-5-2016 - The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has given its approval for financial restructuring of Hindustan Fertilizers Corporation Limited (HFCL). The Cabinet, amongst other things, approved waiver of GoI loan of ₹ 1916.14 crores (as on 31.03.2015) and the outstanding interest on GoI loan as on date (the interest amount was ₹ 7163.35 crores as on 31.3.2015). The Cabinet also approved transfer of 56 acres of Ash Dyk .....

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