Hindustan Petroleum
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| Type | PSU (Trading on BSE & NSE) |
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| Founded | 1974 |
| Key people | Arun Balakrishnan, Chairman & MD |
| Industry | Petroleum |
| Products | Fuels, Oils , LPG |
| Revenue | ▲ US$28.247 billion (2009) |
| Total assets | US$10.74 billion (2009) |
| Employees | ~11,245 (2009) |
| Website | HindustanPetroleum.com |
HPCL (Hindustan Petroleum Corporation Limited), a Navratna PSU of the Government of India, is a Fortune 500 company of India listed at number 311[1] in the global 500 rankings, with an annual turnover of over Rs. 1,16,428 Crores and sales/income from operations of Rs 1,31,802 Crores (US$ 25,618 Millions) during financial year 2008-09, about 20% Marketing share in India and a strong market infrastructure. Corresponding figures for financial year 2007-08 are: Turnover- Rs 1,03,837 crores, and sales/income from Operations- Rs. 1,12,098 Crores (US$ 25,142 Million).
HPCL operates 2 major refineries producing a wide variety of petroleum fuels & specialties, one in Mumbai (West Coast) of 5.5 Million Metric Tonnes Per Annum (MMTPA) capacity and the other in Vishakapatnam, (East Coast) with a capacity of 7.5 MMTPA. HPCL holds an equity stake of 16.95% in Mangalore Refinery & Petrochemicals Limited (MRPL), a state-of-the-art refinery at Mangalore with a capacity of 9 MMTPA. Another Refinery of 9 MMTPA is under construction in Bathinda, Punjab by HMEL, a Joint Venture with Mittal Energy Investments Pte.Ltd.
HPCL also owns and operates the largest Lube Refinery in India producing Lube Base Oils of international standards. With a capacity of 335 TMT. This Lube Refinery accounts for over 40% of the India's total Lube Base Oil production. Presently HPCL produces over 300+ grades of Lubes, Specialities and Greases.
The marketing network of HPCL consists of 13 Zonal offices in major cities and 90 Regional offices facilitated by a Supply & Distribution infrastructure comprising Terminals, Aviation Service Facilities, LPG Bottling Plants, Lube filling plants, Inland Relay Depots, Retail Outlets (Petrol Pumps) and LPG & Lube Distributorships.
HPCL has, over the years, moved from strength to strength on all fronts. The refining capacity steadily increased from 5.5 million metric tonnes in 1984/85 to 13.00 million metric tonnes (MMT) now. On the financial front, the turnover grew from Rs. 2687 crores in 1984-85 to Rs 1,31,802 Crores in Financial year 2008-09.
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[edit] Products
http://www.heritagehospital.in/images/HINDUSTAN%20PETROLIUM.jpg
[edit] Refineries
HPCL has a number of refineries in India. Some are listed below:
- Mumbai Refinery - 5.5 Million Metric Tonnes (MMT) Capacity
- Visakhapatnam Refinery - 7.5 MMT at Visakhapatnam
[edit] International rankings
- HPCL is a Fortune Global 500 company as per the ranking of 2009 and was ranked at position 311.
- HPCL was featured on the Forbes Global 2000 list for 2009 at position 1002
[edit] Recognition and Awards 2008
- NDTV Profit Business Leadership Award
- Reader’s Digest ‘Trusted Brand Asia Platinum’ Award
- Golden Peacock Corporate Governance Award 2008
- CIO 100 Award 2008
- India Star Award
- OISD Safety Award
- National Award For Excellence In Cost Management
- Greentech Environment Excellence Award 2008
- Best HR Practices in ‘People Management’
[edit] External links
[edit] Major Ongoing Projects
- New FCCU at Mumbai Refinery
- Lube Oil Base Stock (LOBS) Up gradation project at Mumbai Refinery
- Diesel Hydro Treating (DHT) at Mumbai & Visakhapatnam refineries
- New Integrated Effluent Treatment Plant at Mumbai Refinery
