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Historic Launch of Balotra Oil Refinery Highlights Modi’s Development Drive

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News Analysis IndiaReporter
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July 4, 2026
08:41 AM
Historic Launch of Balotra Oil Refinery Highlights Modi’s Development Drive

Prime Minister Narendra Modi presided over the opening of the Balotra oil refinery on July 4, turning a 2018 promise into a concrete asset for Rajasthan. Chief Minister Bhajan Lal Sharma described the event as a historic moment for both the state and the nation’s industrial sector. The refinery, priced at about 80,000 crore rupees, is expected to reshape the state’s fiscal map and create thousands of jobs. Sharma listed past milestones, including a 30 lakh‑crore agreement signed during Modi’s 2024 visit and the December 2024 announcement of projects totaling 40,365 crore rupees. He also mentioned the post‑Operation Sindoor initiatives in 2025 that brought additional multi‑crore investments, underscoring the Prime Minister’s sustained focus on regional development.

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