Barmer’s Rs 72,000 cr bet, 3% return: Who’s to blame? – 22 May 2025

Cost has gone up from Rs 43,100 crore to Rs 71,800 crore now and the the return is pegged at a mere 3% now

There were many reasons why the Barmer refinery is cursed

And fingers point all-around.

Including low bids by first time EPC contractors that contributed to the delay And there is a whole story on how some of them were even qualified

This is a project that needs a full scale investigation, right through the contracting phase of the project.