HPCL-Mittal Energy Ltd. (HMEL)
Hindustan Colas (HINCOL)
CREDA-HPCL Biofuel Limited (CHBL)
South Asia LPG Co Pvt. Ltd. ( SALPG)
Bhagyanagar Gas Limited (BGL)
Aavantika Gas Limited
Petronet India Limited (PIL)
Petronet MHB Limited (PMHBL)
Mangalore Refineries and Petrochemicals Limited (MRPL)
Rajiv Gandhi Institute of Petroleum Technology (RGIPT)
Sushrut Hospital and Research Centre
JV with Mittal Energy Investments Pte. Ltd (MEI), Singapore, an L.N. Mittal group company, for implementation of Guru Gobind Refinery, a green field refinery project located at Bathinda, Punjab.
HPCL and Mittal Energy Investments each have 49% stake, balance 2% with financial institutions - IFCI Ltd and State Bank of India.
State-of-art refinery with an initial capacity of 9 MMTPA, costing around Rs 18,000 crores. The refinery is designed to process Arab Heavy Crude with flexibility to process other heavy / sour / acidic crudes. The configuration of the refinery includes primary units and secondary process units viz. CDU/VDU, VGO-HDT, FCC, NCU/ISOM, HGU, DHDT, SRU, DCU and Polypropylene manufacturing facilities. Other facilities include utilities such as CPP, Steam generation, Effluent Treatment plant, product storage etc.
Facilities include refinery units, a pipeline from Mundra to Bathinda, crude oil receiving terminal, SPM and jetty at Mundra port.
Financial closure achieved on July 28, 2007. During the year, HMEL has incorporated a wholly owned subsidiary viz. M/s HPCL-Mittal Pipelines Limited (HMPL) to set up and operate business relating to crude oil receipt, its storage and cross country transportation of crude oil. Both HMEL & HMPL have achieved financial closures and are currently in process of awarding major contracts and orders for equipments
Project expected to be completed in the Financial year 2011-12
In line with Government’s policy for blending of Ethanol, a new wholly owned subsidiary company HPCL Biofuels Limited (HBL) was incorporated on October 16, 2009 to produce Ethanol for blending into Petrol.
HBL has set up Ethanol plants for blending into petroleum fuels, through installation of integrated Sugar plant (3500 TCPD capacity), Ethanol plant (60 KLPD capacity) & Co-Gen power plant (20 MW capacity), one each at Sugauli in East Champaran District and Lauriya in West Champaran District of the State of Bihar.
Project commissioning activities are going on in full swing to start the commercial production as per schedule. Cane development activities are in progress. All the NOCs/Approvals/Licenses and permissions have been obtained and some of them are in final stage. The revised project cost is Rs. 727.88 Crores and project is mechanically completed in September 2011.
CREDA-HPCL Biofuel Limited is a Subsidiary company of Hindustan Petroleum Corporation Limited (‘HPCL’), with Chhattisgarh State Renewable Energy Development Agency (‘CREDA’) for the plantation of jatropha in the State of Chhattisgarh. CHBL was incorporated on 14th October 2008.
Jatropha seeds are used for the production of bio-diesel as viable renewable source of energy. The Company’s objective is to carry out jatropha planatation on 15,000 hectares of land leased to HPCL by the Govt. of Chhattisgarh.
HPCL holds 74%, and CREDA holds 26% shareholding in CHBL.
JV promoted with M/s COLAS SA, France. Incorporated on July 17, 1995
Manufactures International quality value-added bituminous products such as bitumen emulsions & cutbacks and modified bitumen.
The turnover of the company crossed Rs.357 crores for the year 2010-11. The products of HINCOL are widely used by agencies associated with road construction. During 2010-11, the production of HINCOL was 159.39 MT.
Currently operates seven manufacturing plants across India.
HPCL, in partnership with ICICI and HDFC, had formed this Joint Venture E & P Company for participating in exploration and production of hydrocarbons. Prize Petroleum Company Ltd (PPCL) was incorporated on October 28, 1998. PPCL is also providing consultancy services related to E & P. It has since become a 100% subsidiary E&P unit of HPCL.
PPCL had signed Service Contract with ONGC for development of Hirapur Marginal Field in Cambay Basin with 50% holding in the consortium. PPCL is operator for the field and M/s. Valdel Oil & Gas Private Ltd is the Associate Contractor. PPCL had also entered into a Production Sharing Contract (PSC) with 50% Participating Interest in Sanganpur Block as Joint Operator
For the period April-March 2011, 40,047 barrels of crude oil has been produced by PPCL.
JV with Total Gas and Power India (a wholly owned subsidiary of Total of France) with HPCL's equity participation of 50% was incorporated on November 16, 1999.
First of its kind in India, the underground SALPG Cavern facility for storing LPG was commissioned in December, 2007 and formally inaugurated by the Minister of Petroleum & Natural Gas on 14th January, 2008. Setup at the cost of Rs.333.30 crores,the Cavern Marine Terminal has a 60,000 MT capacity underground LPG storage Cavern and associated receiving & despatch facilities at Visakhapatnam. The SALPG Cavern is the largest LPG storage facility in South Asia with the lowest point 192 M below the Mean Sea Level (MSL) ranking among the deepest Caverns in the World.
SALPG has obtained IMS certification from DNV for ISO 9001, ISO 14001, and OHSAS 18001.
JV with GAIL for distribution and marketing of environmental friendly fuels (green fuels) viz. CNG and Auto LPG for use in the transportation, domestic, commercial and industrial sectors, in the state of Andhra Pradesh. Incorporated on August 22, 2003.
HPCL and GAIL, each, hold 22.5% of the equity while 5% is held by the Government of Andhra Pradesh and 50% by Strategic/Financial investors.
BGL operates 8 CNG dispensing stations in Vijayawada, 5 in Hyderabad and 1 each at Kakinada and Rajahmundry.
Incorporated on June 07, 2006, is is a Joint Venture Company with GAIL for distribution and marketing of environmental friendly fuels (green fuels) viz. CNG and Auto LPG for use in the transportation, domestic, commercial and industrial sectors, in the State of Madhya Pradesh.
As of March 2011, AGL is operating 1 CNG Mother Station at Indore and 7 Daughter Stations for dispensing CNG, 5 at Indore and 2 at Ujjain. During 2010-11 AGL achieved CNG sales of 5,939 MT and PNG Sales of 617 MT.
JV formed in May 1997, with 50% equity by Oil PSUs, HPCL holding 16% equity and balance 50% being taken by private companies/ Financial Institutions .
PIL, with different oil companies, implement individual pipeline projects-like Petronet MHB, through Special Purpose Vehicles (SPVs).
Since oil companies are now having pipelines independently, PIL has initiated action to disinvest its equity holding in individual JVs
Promoted (PMHBL) with Petronet India Limited (PIL) for the construction and operation of Mangalore - Hassan - Bangalore product pipeline.
HPCL & PIL each has 26% equity participation.
ONGC with 23% equity has joined as a strategic partner.
Meets fuel transportation needs between Mangalore, Hassan and Bangalore. Executed at a cost of Rs. 667 crores.
After debt restructuring, equity holding of ONGC, HPCL and lending banks and PIL now stand at 28.77%, 28.77%, 34.57% and 7.89% respectively.
In 2010-11, PMHBL achieved throughput of 2.576 MMT.
Commissioned in March 1996 with a Refinery capacity of 3 MMTPA
Refinery capacity enhanced to 9 MMTPA during 1999-2000.
ONGC acquired the entire equity stake of Indian Rayon & Industries Limited (IRIL). It added Rs. 600 crores as additional equity in March, 2003.
After debt restructuring, HPCL's equity stands at 16.95%
HPCL and MRPL have been exchanging intermediate process streams between their refineries to supplement efforts to meet new environmental norms in respect of products like MS and HSD on mutually agreed terms
The Rajiv Gandhi Institute of Petroleum Technology (RGIPT), an Institute of national importance, was set up at Jais, Dist. Rae Bareli, Uttar Pradesh through an Act of Parliament. RGIPT is co-promoted as an energy domain specific institute by six leading Oil Public Sector Units (ONGC, IOCL, OIL, GAIL, BPCL and HPCL) in association with the Oil Industry Development Board (OIDB). The Institute is empowered to award degrees in its own right. The Institute associates with leading International Universities / Institutions specializing in the domain of Petroleum Technology.
SUSHRUT HOSPITAL is an exclusive effort of the Chembur Hospital Project Trust - a joint venture promoted by likeminded Organizations, both from the Public and Private Sectors. Presently, the constituted members of CHPT comprise of Hindustan Petroleum Corporation Ltd. (HPCL), Bharat Petroleum Corporation Ltd. (BPCL), Indian Oil Corporation Ltd. (IOCL), Rashtriya Chemicals and Fertilizers Ltd.(RCF) and Tata Power Company Ltd. Since its inception in 2000 Sushrut Hospital and Research Centre has an outstanding reputation for providing the highest quality health care services at a reasonable cost. Sushrut Hospital and Research Centre endeavors to provide medical treatment that is safe, ethical and affordable.
It is a five storeyed Multi Speciality Hospital with a large basement and is strategically located at Swastik Park in Chembur, Mumbai. The Hospital offers comprehensive medical and surgical care by renowned doctors and experienced staff using state-of-the-art technology.
Sushrut also offers specialized care in Oncology, Nephrology, Trauma and Burns.