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The Cabinet Committee on Economic Affairs, CCEA yesterday approved shutting down the operations of the plant and unit of Hindustan Fluorocarbons Limited, HFL and closure of the company.

HFL is a Central Public Sector Enterprise under Department of Chemicals and Petrochemicals. HFL has only one plant located at Rudraram, District Sangareddy in Telangana.

Government granted a interest free loan of over 77 crore rupees to HFL for expenditure exclusively on closure.



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