Hindustan Petroleum Corporation Ltd

Past performance
Performance overview
Hindustan Petroleum Corporation Ltd
About Hindustan Petroleum Corporation Ltd Hindustan Petroleum Corporation Ltd (HPCL), a Navratna Public Sector Undertaking, is a leading entity in refining and marketing petroleum products. As of March 2023, Oil and Natural Gas Corporation Ltd holds a majority 54.90% stake in HPCL. The company operates significant refineries in Mumbai and Visakhapatnam, and in collaboration with Mittal Energy, runs a 11.3 MMTPA capacity refinery in Bathinda, Punjab. HPCL also holds a 16.96% stake in Mangalore Refinery & Petrochemicals Ltd. HPCL's infrastructure includes a vast network of retail outlets, LPG bottling plants, and lube blending plants. The company has expanded into renewable energy, installing solar panels and wind power projects. Recent initiatives include enhancing its retail network with over 21,000 outlets, introducing EV charging stations, and increasing CNG and LPG facilities. HPCL is also advancing in green hydrogen production and petrochemical marketing with the launch of the 'HP DURAPOL' brand, demonstrating its commitment to sustainable energy solutions.
Website hindustanpetroleum.com
Founded 1952
Headquarters Mumbai