Refining and Marketing of Petroleum products is the core business of the Corporation. Opportunities have been explored to access new revenue streams, and augment downstream businesses. Accordingly, HPCL has formed subsidiaries and joint venture companies for refining, bitumen emulsion, pipeline, city gas distribution (CGD), LPG cavern, natural gas pipelines, LNG terminal and biofuels.
Clicking on the Links direct you to the websites of these Organisations, and the Information provided and views expressed on these websites are of these respective organizations and Hindustan Petroleum Corporation Limited is not liable for the views / accuracy of content in these websites..
HMEL is a joint venture between Hindustan Petroleum Corporation Ltd and Mittal Energy Investments Pte. Ltd (MEI), Singapore, an L N Mittal Group Company. The Company was incorporated on 13th December 2000. The authorized share capital of the company is Rs 10,000 crore. As of 31st March 2016, paid up capital of HMEL is Rs. 8,041.10 crore. HPCL has 48.99% equity participation in HMEL. HMEL has built a Greenfield refinery of 9 MMTPA capacity called the Guru Gobind Singh Refinery (GGSR) at Bathinda, in the State of Punjab. The refinery was dedicated to the nation by the then Hon’ble Prime Minister of India on 28th April 2012.
The refinery has one of the highest Nelson Complexity indices in the region with the ability to process heavy and sour crudes. HMEL has deployed World Class Technologies to maximise efficiency in operations. An amalgam of Global and Indian Experts were deployed to build the state-of-the-art refinery. The refinery produces High quality products that are geared to meet present and future environment protection norms.
HMEL has also incorporated a wholly owned subsidiary HPCL-Mittal Pipelines Limited (HMPL) to set up and operate an SPM for crude oil receipt, storage and cross country transportation of crude oil. It has a pipeline of length 1017 km from Mundra (Gujarat) to Bathinda (Punjab).
HINCOL is a joint venture company promoted by HPCL and Colas S.A. of France, and was incorporated on July 17, 1995. HINCOL has an authorised share capital of Rs. 30 crore. HPCL has 50% equity participation in HINCOL. As on 31st March 2016, paid up capital of HINCOL is Rs. 9.45 crore.
HINCOL has grown steadily over the years to establish itself as the clear market leader in manufacturing and marketing of Bitumen Emulsions, Modified Bitumen and other value added bituminous products. HINCOL owns and operates 8 strategically located, ISO 9001/14001 & OHSAS 18001 certified Plants. The Company acquired its 9th Plant from M/s Shell India Markets Private Limited at Uluberia in the State of West Bengal in March 2016. HINCOL products find extensive use in the road construction industry.
HINCOL has rolled out Key Account Management (KAM) process aimed at focus and service delivery to top-tier Road Construction Companies besides a slew of measures to reduce cost and enhance productivity & safety. It carried out successful trials using environment-friendly, all-weather `Cold Mix’ applications for construction of Rural Roads in Himachal Pradesh, Chhattisgarh, Orissa, Maharashtra and Kerala in association with local Engineers from PWD/PMGSY. It developed a new product `Trackless Tack Emulsion’ that allows faster paving besides improving pavement strength.
South Asia LPG Company Pvt. Ltd. (SALPG), a Joint Venture Company with M/s. Total Gas and Power India (a wholly owned subsidiary of Total, France) was incorporated on 16th November 1999. SALPG has an authorized share capital of Rs. 100 crore. HPCL has 50% equity participation in SALPG. As of 31st March 2016, paid up capital of SALPG is Rs. 100 crore.
SALPG has an underground Cavern Storage of 60 TMT capacity and associated receiving & despatch facilities at Visakhapatnam in December 2007. SALPG Cavern is the first-of-its-kind in South and South East Asia, and ranks among the deepest Caverns in the World. The commercial operations commenced in January 2008.
SALPG has helped in easing-out the product movement constraints across the east coast and ensured smooth availability of LPG in the surrounding zones. Also, propane-butane blender at the Cavern Terminal has helped maximize the propane inputs into Visakhapatnam considering the limited availability of butane and price advantage of propane in the international market.
SALPG has obtained IMS certification from DNV for ISO 9001, ISO 14001, and OHSAS 18001.
Bhagyanagar Gas Ltd. (BGL) was incorporated on 22nd August 2003 as a Joint Venture Company with GAIL (India) Ltd 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. The authorised share capital of BGL is Rs. 100 crore. As on 31st March 2016 total paid up capital of BGL is Rs. 45.03 crore. HPCL and GAIL, each, hold 49.97% of the equity while 0.06% held by Strategic / Financial investors.
BGL is operating City Gas Distribution networks in Hyderabad (Telangana), Vijayawada and Kakinada (Andhra Pradesh). BGL operates 34 CNG stations in the three cities of Hyderabad, Vijayawada and Kakinada put together and 1 Auto LPG station at Tirupati (Andhra Pradesh).
Aavantika Gas Ltd (AGL) was incorporated on 7th June 2006 as a Joint Venture Company by GAIL (India) Ltd. and HPCL 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. The authorised share capital of AGL is Rs. 100 crore. As on 31st March 2016 total paid up capital of AGL is Rs. 45.03 crore in which HPCL has 49.97% equity participation.
AGL is operating City Gas Distribution (CGD) networks in Indore, Ujjain and Gwalior. AGL operates 20 CNG stations - 9 daughter stations, 7 online stations and 4 mother stations.
HPCL, along with Petronet India Ltd. (PIL) promoted Petronet MHB Ltd. (PMHBL) for construction of Mangalore-Hassan-Bangalore Pipeline. The joint venture company was incorporated on 31st July 1998 and has an authorised share capital of Rs. 600 crore. As on 31st March 2016, paid up capital of PMHBL is Rs. 548.71 crore. In April 2003, ONGC joined as a strategic partner in PMHBL. In August 2016, PIL’s sold its entire stake equally to HPCL and ONGC. At present the equity holding of HPCL and ONGC is 32.72% each in PMHBL.
PMHBL provide petroleum product transportation facility from Mangalore Refinery (MRPL) at Mangalore to the Oil Marketing Company Terminals at Hassan & Devangonthi (Bangalore). The petroleum pipeline passes through 8 districts in Karnataka catering to the requirement of Hassan, Mysore, Shimoga, Bangalore etc.
PMHBL Integrated Management System (IMS) is certified by M/s. DNV covering Quality Management System-ISO-9001, Environmental Management System-ISO-14001and OHSAS–18001. The company deployed various updated technologies solutions for its operations as per International standards.
MRPL is a joint venture company of M/s Hindustan Petroleum Corporation Limited (HPCL) and M/s Oil and Natural Gas Corporation Limited (ONGC) having a refining capacity of 15 MMTPA in Mangalore. The company was incorporated on 7th March 1988 by M/s Hindustan Petroleum Corporation Limited (HPCL) and M/s IRIL & associates (AV Birla Group) as promoters. In 2003, ONGC acquired the shareholding of A.V. Birla Group and infused Rs.600 crores making MRPL a subsidiary of ONGC. HPCL's equity stands at 16.96%.
MRPL is equipped with state-of-art technologies and a motivated task force. With a Nelson Complexity index of around 9.5, MRPL is well placed globally among its peers in the Refining Industry.
Mumbai Aviation Fuel Farm Facility Pvt. Ltd. (MAFFFL) is a Joint Venture Company (JVC) comprising of Mumbai International Airport Private Limited (MIAL), Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) with equity holding of 25% each. The Company was incorporated on February 26, 2010 and has an authorised capital of Rs 300 crore.
The business of the Company is to operate & maintain existing Aviation fuel farm facilities and to provide Into-plane services at Chhatrapati Shivaji International Airport (CSIA), Mumbai. The Company will construct, maintain and operate the new Integrated Fuel Farm Facility on an Open Access basis.
GSPL India Gasnet Ltd. (GIGL) and GSPL India Transco Ltd. (GITL) were incorporated on 13th October 2011 as subsidiaries of Gujarat State Petronet Limited (GSPL). The authorised share capitals of GIGL and GITL as on 31st March, 2016 were Rs. 2,000 crore and Rs. 2,200 crore respectively.
Pursuant to signing Joint Venture Agreements on 30th April 2012 with Gujarat State Petronet Limited (GSPL), IOCL and BPCL (Equity holding: GSPL- 52%; IOCL- 26%; HPCL – 11% and BPCL – 11%), HPCL has become an equity partner in GIGL and GITL. As on 31st March 2016, paid up capitals of GIGL and GITL were Rs. 202.02 crore and Rs. 165 crore respectively.
GIGL will lay two cross-country gas pipelines viz 1,640 KM Mehsana (Gujarat) to Bathinda (Punjab) Pipeline and 740 KM Bathinda (Punjab) to Srinagar (Jammu and Kashmir) Pipeline. GITL will lay 1,746 KM pipeline from Mallavaram (Andhra Pradesh) to Bhilwara (Rajasthan).
HPCL Shapoorji Energy Pvt. Ltd. (HSEPL)
HPCL Shapoorji Energy Pvt. Ltd. (HSEPL) was incorporated on 15th October 2013 as a Joint Venture Company with SP Ports Private Limited (SPPPL) [a wholly owned subsidiary of Shapoorji Pallonji Infrastructure Capital Company Ltd (SPICCL)]. HSEPL has an authorized share capital of Rs 50 crore. HPCL has 50% equity participation in HSEPL. As on 31st March 2016, paid up capital of HSEPL is Rs. 23 crore.
HSEPL was formed to build and operate 5 MMTPA LNG regasification terminal at Chhara Port in Gir Somnath District of Gujarat. The key LNG terminal facilities includes Marine Facilities for LNG carrier berthing, Tanks and Storage Facilities, Re- Gasification Facility.
Godavari Gas Pvt. Ltd. (GGPL)
Godavari Gas Pvt. Ltd. (GGPL) is a joint venture between Hindustan Petroleum Corporation Ltd (HPCL) and Andhra Pradesh Gas Distribution Corporation Limited (APGDC). The company was incorporated on 27th September 2016. The initial authorized share capital is Rs. 100 crore.
GGPL has been authorised by PNGRB for setting up of City Gas Distribution Network in East Godavari and West Godavari District in Andhra Pradesh.
HPCL had promoted Prize Petroleum Company Ltd. (PPCL) on 28th October 1998 for participation in exploration and production of hydrocarbons. The authorised share capital of PPCL is Rs. 720 Crore. As on 31st March 2016, the paid up equity capital of the company is Rs. 245 crore. During 2011-12, PPCL became wholly owned subsidiary and upstream arm 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. PPCL had also entered into a Production Sharing Contract (PSC) with 50% Participating Interest in Sanganpur Block as Joint Operator.
PPCL has promoted a wholly owned subsidiary namely Prize Petroleum International Pte. Ltd., Singapore (PPIPL). PPIPL has acquired 11.25% and 9.75% participating interest in two E&P blocks in Australia.
In line with Government’s policy for blending of ethanol in Petrol, a wholly owned subsidiary company HPCL Biofuels Ltd (HBL) was incorporated on 16th October 2009. HBL has an authorized share capital of Rs. 700 crore. As on 31st March 2016 total paid up capital of HBL is Rs. 625.17 crore.
HBL has built integrated plants with cane crushing capacity of 3,500 Tonnes of cane crushed per day (TCD) with Distillery of 60 kilo liter per day (KLPD) for manufacturing Ethanol and co-gen plant of 20 MW each at Sugauli and Lauriya in East and West Champaran Districts in the State of Bihar. The company has augmented its facilities to manufacture ethanol only from molasses.
CREDA-HPCL Biofuel Ltd. (CHBL) was incorporated on 14th October 2008 as a subsidiary company of HPCL with an authorized share capital of Rs. 200 crore. As on 31st March 2016, paid up equity capital of CHBL is Rs. 21.76 crore with equity shareholding of 74% by HPCL and 26% by Chhattisgarh State Renewable Energy Development Agency(CREDA). The company’s objective is to venture into alternate fuels.
During 2015-16, in view of non-viability of operations, all business activities of CHBL including cultivation and maintenance of jatropha plantations have been suspended.
HPCL Rajasthan Refinery Ltd. (HRRL) was incorporated on September 18, 2013 as a subsidiary company of HPCL with equity shareholding of 74% by HPCL and 26% by Government of Rajasthan. HRRL has an authorized share capital of Rs. 4,000 crore. HRRL was incorporated for setting up a 9 MMTPA capacity Greenfield refinery and a petrochemical complex in the State of Rajasthan. As on 31st March 2016, the total paid up capital of HRRL is Rs. 0.05 crore. At present the project is under review.