Mahatma Gandhi Missions

Institute of Management Studies & Research

At Junction NH 4, Sion Panvel Expressway, Kamothe, Navi Mumbai 410 209

PROJECT REPORT
ON

STATUTORY COMPLIANCE
(REQUIREMENTS IN PETROLEUM TERMINAL OPERATION)
SUBMITTED TO
MGMS INSTITUTE OF MANAGEMENT STUDIES & RESEARCH,
NAVI MUMBAI
BY

DNYANESHWAR VISHNU PHADTARE

Roll No. 42
MMS-II
IN PARTIAL FULFILLMENT OF
MASTER OF MANAGEMENT STUDIES (MMS),
UNIVERSITY OF MUMBAI
AUGUST, 2014-15

PROJECT REPORT ON

STATUTARY COMPLIANCE
(REQUIREMENTS IN PETROLEUM TERMINAL OPERATION)

SUBMITTED BY:
DNYANESHWAR VISHNU PHADTARE

SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF MMS

COURSE, MUMBAI UNIVERSITY

MGMS INSTITUTE OF MANAGEMENT STUDIES AND RESEARCH,

KAMOTHE 2014-2015

STATUTARY COMPLIANCE
(REQUIREMENTS IN PETROLEUM TERMINAL OPERATION)

PROJECT REPORT

HINDUSTAN PETROLEUM CORPORATION LIMITED

BY

DNYANESHWAR VISHNU PHADTARE

MMS-2013-2015

DECLARATION

I, Mr.DNYANESHWAR VISHNU PHADTARE

Hereby declare that this project report is the record of authentic work carried out by me
during the period from May 2014 to June 2014 and has not been submitted to any other
University or Institute for the award of any degree / diploma etc.

Signature

Name of the student: DNYANESHWAR PHADTARE

Date:-_____________

CERTIFICATE

This is to certify that Mr. Dnyaneshwar Vishnu Phadtare of MGMs Institute of

Management Studies & Research has successfully completed the project work titled
Statutory Compliance-Requirements in petroleum terminal operation in partial
fulfillment of requirement for the completion MMS as prescribed by the University of
Mumbai.
This project report is the record of authentic work carried out by him during the
period from 2nd May 2014 to 2nd July 2014.
He has worked under my guidance.

Signature
Name

Prof.SatarupaNayak
Project Guide (Internal)

Date :

Counter signed by
Signature
Name

Prof. Ashwini Arte

Director

Date :

ACKNOWLEDGEMENT

I wish to express my deep gratitude towards all the persons who contributed for this project
and helped develop ideas and approach in report writing.
I thank Mr. M. R. Chauhan, Operations Manager, HPCL-Mahul Terminal, and all officials of
HPCL Mahul Terminal who guided me in this project.
I am grateful to Prof.SatarupaNayak, my mentor, MMS, MGM IMSR (Kamothe), for her
guidance throughout my project work.
I would like to thank Prof. Ashwini Arte, the director of MGMs Institute of Management
Studies and Research, Kamothe, Navi Mumbai for her kind permission to carry on my project
work and her cooperation.
Last but not the least I would like to thank all my college friends for their encouragement and
morale support.

Dnyaneshwar Vishnu Phadtare

LIST OF GRAPHS

Sr. No

Title

Page No.

1.

IMPORTANCE OF STATUTORY ACTS

42

2.

EMPLOYEE FEEDBACK

43

3.

MODE OF PRODUCT SUPPLY

44

4.

DEMAND OF THE DIFFERENT PRODUCTS

45

EXECUTIVE SUMMARY

HPCL is a Government of India Enterprise with a Navratna Status, and a Fortune 500 and
Forbes 2000 company, with an annual turnover of Rs. 1,90,048 Crores and sales/income from
operations of Rs. 2,15,675 Crores (US$ 39.726 Billions) during FY 2012-13, having about
20% Marketing share in India among a strong market infrastructure.
HPCL owns and operates one of the largest Lube Refineries in India producing Lube Base
Oils (LBO) of international standards, with an approximate capacity of 350 Thousand Metric
Tons per annum. This Lube Refinery accounts for over 1/3rd of the Indias total LBO
production. Presently HPCL produces more than 300 grades of Lubes, Specialties and
Greases.
The Mumbai refinery has a capacity of 6.5 Million Metric Tons Per Annum (MMTPA)
HPCL lay a special and sustained emphasis on conducting its affairs within the policy
framework of the Government of India, statutory regulations and the internal procedures in a
transparent manner. Being an Undertaking of the Government of India, HPCL have
periodically reviewed by several external authorities such as the Comptroller &Auditor
General of India (CAG), the Central Vigilance Commission (CVC) and the Parliamentary
Committees. HPCL also has an independent mechanism of monitoring and auditing its
processes through various internal departments such as the Internal Audit and Vigilance
Departments.
HPCLs aim to share with us their initiatives, efforts and performance towards Sustainable
Development, which is no longer an option, but a necessity. Their commitment to
sustainability has been strong and enduring. There is commitment embedded in everything
they do and their ability to evolve and grow has strengthened the Corporation over time,
The activities have been designed with the aim of ensuring good environment management.
They have constantly endeavored to upgrade the environmental performance of their
operations by adopting new state-of-the-art technologies and incorporating world class
practices. HPCL have created systems that constantly strive to upgrade the health and safety
of their workforce. HPCL have engaged with local communities in a constructive manner to
earn societal benefit.

ANNEXURE
SAMPLE COPIES OF DOCUMENTS

BIBLIOGRAPHY

References:
1.

Hindustan Petroleum corporation portal (intranet)

2.

OISD STD-244- Storage and Handling of Petroleum products

3.

OISD STD- 118- Layout of Installations

4.

OISD STD- 116- Fire Protection facilities

5.

OISD Safety Standards

6.

Petroleum Rule, 2002

7.

General Acts related to Every Business (Factories Act, Contract Labor Act,
and Environment Protection Act).

Website:
1.

www.hpcl.com

2.

HPCL Portal (Intranet)