Hpcl Review
HPCL
Sector – Refineries
Hindustan Petroleum Corporation Limited (HPCL) is an integrated oil refining and marketing company. HPCL operates in two segments: downstream, and exploration and production of hydrocarbons. The downstream segment is engaged in refining and marketing of petroleum products. HPCL operates two refineries in Mumbai (West Coast) and Vishakapatnam. Its products and services include Refineries, aviation, bulk fuels & specialties, international trade, liquefied petroleum gas (LPG) (HP gas), Lubes (HP lubes), retail, exploration & production, joint ventures and alternate energy. As of March 31, 2012, it held 16.95% interest in Mangalore Refinery & Petrochemicals Ltd. Its pipelines include Mumbai-Pune-Solapur pipeline, Vijayawada-Secunderabad pipeline and Mundra-Delhi pipeline achieved combined throughput of 13.62 million metric tons during the fiscal year ended March 31, 2012 (fiscal 2012). During fiscal 2012, HPCL acquired interest of ICICI Group and HDFC in Prize Petroleum Company Limited.
Market
Indian refining industry has done exceedingly well in establishing itself as a major player globally. India is emerging as a refinery hub and refining capacity exceeds the demand. The last decade has seen a tremendous growth in the refining sector. The country’s refining capacity has increased from a modest 62 Million Metric Tonnes Per Annum (MMTPA) in 1998 to
215.066 MMTPA at present, comprising of 22 refineries - 17 under Public
Sector, 3 under private sector and 2 in Joint Venture (JV). During 2011-12, two new JV refineries of 6 MMTPA and 15 MMTPA were commissioned in
Bina, Madhya Pradesh and Bathinda, Punjab. These refineries would augment the availability of BS IV compliant fuels in Central and Northern parts of the country.
As on July, 2005 there are a total of 18 refineries in the country comprising 17 in the Public Sector, one in the private sector. The company-wise locations and capacity of the refineries
Sector – Refineries
Hindustan Petroleum Corporation Limited (HPCL) is an integrated oil refining and marketing company. HPCL operates in two segments: downstream, and exploration and production of hydrocarbons. The downstream segment is engaged in refining and marketing of petroleum products. HPCL operates two refineries in Mumbai (West Coast) and Vishakapatnam. Its products and services include Refineries, aviation, bulk fuels & specialties, international trade, liquefied petroleum gas (LPG) (HP gas), Lubes (HP lubes), retail, exploration & production, joint ventures and alternate energy. As of March 31, 2012, it held 16.95% interest in Mangalore Refinery & Petrochemicals Ltd. Its pipelines include Mumbai-Pune-Solapur pipeline, Vijayawada-Secunderabad pipeline and Mundra-Delhi pipeline achieved combined throughput of 13.62 million metric tons during the fiscal year ended March 31, 2012 (fiscal 2012). During fiscal 2012, HPCL acquired interest of ICICI Group and HDFC in Prize Petroleum Company Limited.
Market
Indian refining industry has done exceedingly well in establishing itself as a major player globally. India is emerging as a refinery hub and refining capacity exceeds the demand. The last decade has seen a tremendous growth in the refining sector. The country’s refining capacity has increased from a modest 62 Million Metric Tonnes Per Annum (MMTPA) in 1998 to
215.066 MMTPA at present, comprising of 22 refineries - 17 under Public
Sector, 3 under private sector and 2 in Joint Venture (JV). During 2011-12, two new JV refineries of 6 MMTPA and 15 MMTPA were commissioned in
Bina, Madhya Pradesh and Bathinda, Punjab. These refineries would augment the availability of BS IV compliant fuels in Central and Northern parts of the country.
As on July, 2005 there are a total of 18 refineries in the country comprising 17 in the Public Sector, one in the private sector. The company-wise locations and capacity of the refineries