NationalSunday, 5 July 2026·The Hindu - National
PM Modi cites Rajasthan refinery, LPG and urea price shield during West Asia crisis
PM Modi said India used diplomacy and domestic capacity to avoid fuel rationing and protect LPG and urea prices during the West Asia crisis.
Key highlights
Direct fact
On July 4, 2026, Prime Minister Narendra Modi inaugurated the HPCL Rajasthan Refinery Limited (HRRL) at Balotra in Rajasthan and said India had weathered the West Asia energy crisis without fuel rationing, while protecting LPG and urea prices.
Key specifics
- HRRL is a greenfield integrated refinery-petrochemical complex in Balotra district with 9 MMTPA refining capacity and 2.4 MMTPA petrochemical capacity.
- The project cost was ₹79,459 crore, with Hindustan Petroleum holding 74% equity and the Rajasthan government holding the remaining stake.
- PM Modi said domestic LPG prices were kept below ₹950 per cylinder, and ₹650 for Ujjwala beneficiaries, despite a possible rise to ₹2,000.
- He said urea continued to be supplied at ₹300 per bag, even though global prices could have reached ₹3,000 per bag.
- State-owned oil marketing companies absorbed losses of about ₹75,000 crore in the June-end quarter, according to the Prime Minister.
Exam lens
Question type: Economy and energy policy, refinery capacity, subsidy protection. TNPSC may ask: HRRL location, 9 MMTPA and 2.4 MMTPA capacities, ₹79,459 crore cost, 74:26 equity pattern, LPG and urea price support during the 2026 West Asia crisis.