Q&A

How many HPCL plants are there in India?

How many HPCL plants are there in India?

HPCL INFRASTRUCTURE PROFILE

Sr. No. Infrastructure As of March 31st, 2021
18 LPG Bottling Capacity (TMTPA) 5912
19 LPG Import Facility Locations 2
20 Lube Blending Plants 6
21 Terminals & Tops 41

Is HPCL owned by ONGC?

ONGC, India’s biggest oil and gas producer, in 2018 completed the acquisition of HPCL for Rs 36,915 crore. After this takeover, it has two refining subsidiaries — HPCL and MRPL.

What is the purpose of HPCL?

HPCL is one of the largest integrated Public Sector Undertaking, engaged in the business of refining Crude Oil and marketing of various petroleum products like Asphalt, Diesel, Kerosene, LPG, Lube Oils, Petrol, branded products like ATF (Aviation Turbine Fuel), Power, Turbojet, Naphtha, throughout India and at select …

What is meant by HPCL?

Hindustan Petroleum Corporation Ltd (HPCL) is a Mega Public Sector Undertaking (PSU) with Navratna status.

Why is ONGC price so low?

There are broadly 3 reasons for the fall in the ONGC prices. ONGC is an upstream company and its profit depends on the crude oil prices. However, due to weakness in global growth, tepid industrial growth in China and the ongoing trade war between the US and China have dampened the spirits of the stock.

Who is the owner of Hindustan Petroleum?

Oil and Natural Gas Corporation
Hindustan Petroleum/Parent organizations

Who is the CEO of HPCL?

Mukesh Kumar Surana (Apr 1, 2016–)
Hindustan Petroleum/CEO

Shri Mukesh Kumar Surana, Chairman and Managing Director Shri Mukesh Kumar Surana is Chairman & Managing Director of the Corporation effective 1st April, 2016. Prior to this, he served as Chief Executive Officer, Prize Petroleum Company Limited, a wholly- owned subsidiary and upstream arm of HPCL, since September 2012.

Which is the leading petrochemical company in India?

HMEL is a leading integrated refining and petrochemical company in India with operations that span crude oil refining, petrochemical production & marketing. It owns and operates a 11.3 MMTPA Guru Gobind Singh Refinery (‘GGSR’), including various ancillary facilities near Bathinda, in Punjab.

When was Hindustan Petroleum Corporation incorporated in India?

The Company History page lists out the major events in chronological order for Hindustan Petroleum Corporation Ltd. – The Company was incorporated in the name of Standard Vacuum Refining Company of India Limited on July 5, 1952 under the Indian Companies Act, VII of 1913.

Who is the second promoter of Hindustan Petroleum?

Oil and Natural Gas Corporation, also second promoter of the company (first promotor is The President of India) , owns 51.11% shares in HPCL and others are distributed amongst financial institutes, public and other investors. The company is ranked 367th on the Fortune Global 500 list of the world’s biggest corporations as of 2016.

Where does Hindustan Petroleum Corporation supply naphtha?

– Hindustan Petroleum Corporation Ltd (HPCL) has signed a commercial agreement with Kondapalli Power Corporation Ltd (KPCL) for the supply of naphtha for the latter’s 355-MW combined cycle power generation unit at Kondapalli in Krishna district of Andhra Pradesh.