Achievements and Awards 2008


Awards / Recognitions 2008

HPCL has won several awards in the year 2008-09. Here's a brief account of the achievements in 2008-09.

NDTV Profit Business Leadership Award

HPCL has been conferred the coveted ‘NDTV Profit’ Business Leadership Award in the category of Oil & Gas. The award was presented by Hon’ble Finance Minister, Shri P. Chidambaram and was received by our C&MD, Shri Arun Balakrishnan.

The Award honours business excellence and are aimed at recognizing companies that have fuelled the Indian economy to currently being among the fastest growing economies in the world. Extensive research was carried out over a period of 5 months to determine the nominees & the winners under the guidance of the jury that comprises of eminent personalities like Smt Anu Aga, Dr Amit Mitra, Dr Bimal Jalan, Shri N. R. Narayana Murthy, Shri Suman Dubey and Dr Prannoy Roy.

Reader’s Digest ‘Trusted Brand Asia Platinum’ Award’

Awarded in the Petrol Station category, this is the third year in succession that HPCL has received the trusted brand award. The Reader’s Digest Trusted Brand awards are based on survey carried out by ‘The Nielsen Company’ and reflect the consumers’ choice of their most trusted and favorite brands. The consumers have named their most trusted brand on a five-point scale, on six qualitative criteria of Trustworthiness, Credible Image, Quality, Value, Understanding of Customer Needs, and Innovation.

Golden Peacock Corporate Governance Award 2008

The Award is conferred by ‘World Council for Corporate Governance’ (WCFCG), UK and Institute of Directors, India. The Award was presented at the 9th International Conference on Corporate Governance held at London. This annual award is conferred to companies which demonstrate benchmark standards and excellence in Corporate Governance The winners were selected through an elaborate multilevel and transparent assessment process.

This is the fourth time that HPCL has won the Golden Peacock Award for Corporate Governance. We have won it in 2003, 2006 & 2007. Winning the prestigious Award underlines the high value that HPCL places on Corporate Governance. The Golden Peacock Award for Excellence in Corporate Governance is a re-affirmation of the level of disclosure and transparency at HPCL.

CIO 100 Award 2008

HPCL has been awarded the CIO 100 Award for the Third Consecutive Year. The Annual Award Program recognizes Organizations that exemplify the highest level of operational and strategic excellence in Information Technology (IT). This year’s award theme ‘The Bold 100’ recognizes those Executives and Organizations who embrace great risk for the sake of great reward. These organizations are playing not just to survive, but to win. “CIO 100” award of IDG (International Data Group) is one of the most prestigious recognitions in the IT Industry worldwide. Over the years a CIO 100 award has come to be considered the equivalent of the Oscars of the IT Industry across the world.

HPCL received the award for its “Project Parivartan” Integrated Indent Management System and also for providing enhanced service to HPCL stakeholders extending the benefits of the ERP system to its various stakeholders through deployment of information portals for customers, vendors & transporters and also enabling e-payments.

India Star 2008

The Corporation has been conferred with India Star 2008, a National Award (the highest recognition) for excellence in Packaging in India in Consumer Pack Category for marketing Lubricant Oil in PET bottle. HPCL is selected for this Innovation Award in Packaging from a list of 357 entries received. The jury consisted of eminent persons from Institutions, Government Bodies, Consumer Forum, BIS and experts from the Industry.

OISD Safety Award

HPCL bagged 2 Safety Awards from Oil Industry Safety Directorate (OISD) as the ‘Best Performer’ for the year 2007 – 08, one under the category of ‘LPG Marketing Organizations’ and the other amongst ‘Lube Oil Blending Organizations’. OISD safety awards are instituted in order to inculcate competitiveness among oil companies to improve their safety performance.

National Award For Excellence In Cost Management

HPCL was conferred with the National Award for Excellence in Cost Management from the Institute of Cost Accountants of India (ICWAI). HPCL has won the Second Award in the Public Sector – Manufacturing (Organization) – Turnover more than Rs. 1000 Crores category of National Award for Excellence in Cost Management.

Pursuant to Government directive for conducting audit of Cost Accounts, the Cost Audit was conducted for the first time in respect of various manufacturing facilities of Corporation for the year ending March 31, 2007.

Greentech Environment Excellence Award 2008

HPCL’s has been awarded 15 ‘Greentech Environment Excellence Award’ for the year 2008 at the 9th Annual Global Environment Conference held recently at Goa. HPCL’s Mumbai & Visakh Refineries were awarded the Greentech ‘Gold’ Award in Petroleum Refining Sector. While Hassan POL Terminal bagged the Greentech ‘Gold’ Award, Mangalore POL Terminal & Irumpanam POL Terminal were awarded the Greentech ‘Silver’ Award. Besides, 10 of our LPG Plants have won the Greentech Environment Excellence Award 2008.

Greentech Foundation’s Environment Excellence Awards are presented to Organizations & Individuals as a mark of recognition for the significant contribution made towards protection, preservation & improvement of environment. These awards certainly reflect HPCL’s commitment to environment protection and enhance our Eco-Friendly image.

Best HR Practices in ‘People Management’

29th August 2008. Awarded by Amity International Business School for HPCL’s comprehensive HR practices at the Amity Annual Global HR Summit.. HPCL bagged the award among several other organisations that were researched for best HR practices.