About HPCL 2018

Board of Directors
Chairman & Managing Director Mr M K Surana Joined HPCL in 1982
Director (HR) Mr P K Joshi Joined HPCL in 1986
Director (Marketing) Mr S Jeyakrishnan Joined HPCL in 1981
Director (Finance) Mr Ramaswamy
Director (Refineries) Mr Vinod S Shenoy Joined HPCL in 1985
31.03.2018 31.03.2017
Annual Turnover Rs 243,227 Crores Rs 215,673 Crores
Profit Rs 6,357 Crores Rs 8,399 Crores

Tagline: Future full of Energy - Where there’s Energy, there’s HP

Source: Press Release by HPCL on 22nd May 2018
2017-18
Hindustan Petroleum Corporation Ltd (HPCL), ranked 384 in Fortune Global 500 list
and 48 in the list of Platts Top 250 Global Energy Companies in the year 2017, has
registered outstanding physical and financial performance during the financial year
2017-18. The Corporation achieved the highest ever profit of Rs 6,357 crores on
standalone basis during the financial year 2017-18, as against profit of Rs 6209
crores during financial year 2016-17. Gross Sales during the financial year has
increased to Rs 2,43,227 crores as against Rs 2,13,489 crores during the previous
financial year. Despite lower Inventory gains in the current financial year 2017-18,
the growth in Profit is mainly due to increased refining throughput, higher domestic
market sales, better operating efficiencies & improved cracks.
During FY 2017-18, HPCL refineries at Mumbai and Visakh have maximized crude
processing and recorded the highest ever combined refining throughput of 18.28
MMT with capacity utilization of 116%, compared to throughput of 17.81 million
tonnes achieved during 2016-17. Both the refineries individually recorded their best
ever crude throughput performance during the year. The refineries recorded
combined distillate yield of 75.9% with highest ever production of Motor Spirit (3.3
MMT), High Speed Diesel (7.3 MMT) & Lube Oil Base Stock (439 TMT). Excellent
physical performance enabled HPCL achieve Combined Gross Refining Margin of
USD 7.40 per barrel during 2017-18 as compared to USD 6.20 per barrel during
2016-17.
During financial year 2017-18, HPCL achieved the highest ever sales volume of
36.87 million tonnes, including exports of 0.68 million tonnes, with a growth of
4.7% over historical. The sales of Motor Spirit (Petrol) increased by 8.5%, High
Speed Diesel by 4.5%, LPG by 8.5%, Aviation turbine fuel by 5.4%, and Lubes by
1.6%, compared to FY 2016-17.
During 2017-18, HPCL continued to be India’s largest lube marketer for the fifth
consecutive year in highly competitive lubricant business with a total market share
of 44.5% in the PSU category. The Company registered a Market share gain of
0.10% in Motor Spirit (Petrol) sales. In LPG segment, HPCL recorded a market
share gain of 0.02% in total LPG Sales and continued the market leadership in Non-
Domestic bulk LPG sales with over 48% market share. In I&C business, HPCL
surpassed 5 MMT sales volume mark for the second consecutive year.
HPCL reported Consolidated Profit after tax of Rs 7,218 crores during the financial
year 2017-18 as against Rs 8,236 crores during previous financial year 2016-17.
The Consolidated Profit is lower due to shutdown taken by one of the Joint
Ventures- HMEL to hook up its expansion project to increase its installed capacity
from 9MMTPA to 11.25 MMTPA. Further Share of profit from MRPL for FY 2017-18
was Rs 338 crores as against Rs 589 crores during FY 2016-17.
For the year 2017-18, HPCL has proposed a final dividend of Rs. 2.50 per share,
which combined with the Interim dividend Rs 14.50 per share totals to a dividend of
Rs.17.00 per share.

A brief history of HPCL

HPCL owns & operates 2 major refineries producing a wide variety of
petroleum fuels & specialties, one in Mumbai (West Coast) of 7.5 Million
Metric Tonnes Per Annum (MMTPA) capacity and the other
in Visakhapatnam, (East Coast) with a capacity of 8.3 MMTPA. HPCL also
owns and operates the largest Lube Refinery in the country producing Lube
Base Oils of international standards, with a capacity of 428 TMT. This Lube
Refinery accounts for over 40% of the India's total Lube Base Oil production.
HPCL in collaboration with M/s Mittal Energy Investments Pte. Ltd. is
operating a 9 MMTPA capacity Refinery at Bathinda with 49% equity and also
holds an equity of about 16.95% in the 15 MMTPA Mangalore Refinery and
Petrochemicals Ltd. (MRPL).
HPCL has the second largest share of product pipelines in India with a
pipeline network of more than 3370 kms for transportation of petroleum
products and a vast marketing network consisting of 21 Zonal offices in
major cities and 128 Regional Offices facilitated by a Supply & Distribution
infrastructure comprising Terminals, Pipeline networks, Aviation Service
Stations, LPG Bottling Plants, Inland Relay Depots & Retail Outlets, Lube and
LPG Distributorships.
Consistent excellent performance has been made possible by highly
motivated workforce of over 10,500 employees working all over India at its
various refining and marketing locations.
HPCL is committed to achieve the economic, ecological & social responsibility
objectives of sustainable development consistently through varied operations
and activities. HPCL’s focus areas are in the fields of Child Care, Education,
Health Care, Skill Development & Community Development, touching lives of
weaker section of society.

Our Roots
1952: The Company was incorporated in the name of Standard Vacuum Refining Company
of India Limited on July 5, 1952.
1962: On 31st March,1962 the name was changed to ESSO Standard Refining Company of
India Limited.
1974: Hindustan Petroleum Corporation Limited comes into being after the takeover and
merger of erstwhile Esso Standard and Lube India Limited.
1976: Caltex Oil Refining (India) Ltd. - CORIL is taken over by the Government of India with
an Ordinance(1.39 MB) & in 1976, subsequently ratified by an Act(1.34 MB) & in
1977 merged with HPCL (895 KB) & in 1978.
1979: Kosan Gas Company, the concessionaries of HPCL in the domestic LPG market,
are taken over and merged (1.07 MB) with HPCL.
HPCL thus comes into being after merging four different organisations at different
points of time.

For over 4 decades, Hindustan Petroleum has been partnering India’s

progress. Keeping pace with the Nation’s energy requirements - constantly
fueling its growth - HPCL has emerged as a Forbes 2000 and Global Fortune
500 company.
HPCL today owns and operates two coastal refineries at Mumbai and
Visakhapatnam with designed capacity of 7.5 MMTPA and 8.3 MMTPA
respectively. Add to this a joint venture refinery at Mangalore, two cross-
country pipelines and an extensive network of terminals, depots, bottling
plants and aviation servicing facilities.
Our Marketing Network :
31-03- 31-03-
Marketing Network (Nos) 31-03-2018 31-03-2016
2017 2015

Regional Offices 128 119 106 100

Terminals/Installations/TOPs 42 42 37 36
Depots (including exclusive 68 62 73 91
LPG Bottling Plants 48 47 46 45
ASFs 41 37 37 35
Retail Outlets 15,062 14,412 13,802 13,233
SKO/LDO Dealers 1,638 1,638 1,638 1,638
LPG Distributors 4,849 4,532 4,278 3,952
LPG Customers (in crores) 6.93 6.17 5.29 4.77
Pipeline Network
HPCL has the second largest share of product pipelines in India with a
pipeline network of about 3,370 kms.
Propelling airplanes, mechanizing agriculture, energizing industries, igniting stoves, lighting
lanterns... HP is synonymous with energy in India.
For the last 40 years and more, Hindustan Petroleum has meant different things to different
people. For some it represents an abundant supply of Petrol and Diesel. For others it stands for
the easy availability of LPG and lubricants. Thousands of others see in it an inexhaustible
reservoir of Kerosene and other petroleum products for meeting their energy needs. For all of
them HP signifies an ever- radiant source of energy. Energy that is making a big difference to
millions of lives. HP is all set to unveil an exciting new phase in its growth. Diversifying into oil
Exploration and Production, Power Generation, Renewable Energy ventures and much more.
Confident of creating a Future full of Energy.
PRODUCTS & SERVICES
a. Refineries
Hindustan Petroleum Corporation Limited (HPCL) is a Global Fortune 500 company in the
Energy sector. HPCL has two Refineries located in Mumbai (West Coast) and Visakh
(East Coast) with capacities of 7.5 MMTPA & 8.3 MMTPA respectively, churning out a
wide range of petroleum products, viz. LPG, MS, SKO, ATF, HSD, Bitumen etc. and
various grades of lubricants, specialties and greases as per BIS standard. Over the years
HPCL's capacity of production has expanded massively through various upgradation
initiatives. The Refineries known for the full utilization of capacity and world class
performance are the foundations of HPCL's successful journey towards meeting India's
energy requirements.
Mumbai Refinery is a Lube based refinery with the highest lube production capacity in
India. The offsite product handling facilities of Refineries at Mumbai and Visakhapatnam
has been automated and facilities upgraded to produce green fuels like unleaded petrol
and low sulphur diesel. HPCL is committed to upheld India's position in the global energy
scenario as a useful contributor.
The Refineries are operated efficiently to comply with international quality standard.
Both Refineries have been operated their capacity utilization above 100%. The
consistent maintenance of standard has fetched the two refineries numerous awards.

b. Aviation fuel Hindustan Petroleum (as Esso and Caltex prior to 1974) has been
providing aviation refueling (Aviation Turbine Fuel - ATF) services at various airports
in India for more than half a century.

c. Bulk Fuel & Specialities Business unit

caters to marketing of Bulk fuels & Petroleum products directly to Industrial
consumers like power plants, chemicals, fertilisers, shipping companies and airlines.
This unit is also involved in exports of Bulk fuels and finished Petroleum Products.

d. Alternate Energy
Maharastra: HPCL's maiden renewable & alternate energy Wind Energy Generator
was commissioned at Dhule in Maharashtra State in May 2007. This 3.75 MW pilot
turnkey project, costing about Rs 19 Crores, comprised of just 3 Wind Turbine
Generator (WTG) units, each with an installed capacity of 1.25 MW. This was
executed by M/s Suzlon Energy Limited.
Power generated from this venture is being sold to the Maharashtra State Electricity
Board (MSEB).
 Rajasthan: HPCL comissioned another Wind power project in Jaisalmer in Rajasthan
State on 1st January 2009. The 21.25 MW turnkey project, executed at Rs 110 Crore
by M/s Suzlon Energy Limited, comprises of a 17 unit-farm, each WTG unit having an
installed capacity of 1.25 MW.
The 2nd Wind Power Project in Jaisalmer, Rajasthan was commissioned on 18th
December 2010. The 25.5 MW capacity turnkey project, executed at the cost of Rs.
154.57 Crore by M/s Suzlon Energy Limited, comprises of a 17 unit wind farm, each
WTG unit having an installed capacity of 1.50 MW.
The power generated is wheeled through the Rajasthan State Electricity grid and is
partly consumed by HPCL’s centres at Ajmer, Jaipur, Kota, Pali and Jodhpur. Surplus
power is being sold to Rajasthan State Electricity Board. (RSEB)
During the FY 2013-14, generation of 563 lakh kilowatt-hour (KWH) of wind energy
was achieved.
Solar power
Solar Lighting system has been implemented at 20 Cathodic Protection (CP)/
sectionalizing valve (SV) Stations of VVSPL and at Motor Operated Valve (MOV)-4 &
Talegaon of Mumbai Solapur Pipeline (MPSPL). This has resulted in usage of green
and clean power which is not only environment friendly but has reduced consumption
of diesel in DG sets.
e. Lube Oil (HP Lube) http://www.hplubricants.in/
HP Lubricants is an integral part of Hindustan Petroleum Corporation Limited, one of India's
frontline oil majors, committed to providing energy and fueling growth in every significant
area of development. In pursuit of this vision, there is a sustained emphasis on environment
protection and preserving the cultural heritage of India.
f. HP Gas – LPG & PNG http://www.hindustanpetroleum.com/LPGHome
Bottled at 44 LPG Bottling Plants throughout the country with a total capacity
of over 3610 thousand metric tonnes per annum (TMTPA), HP Gas reaches
you after thorough checking at every stage right from bottling to distribution.
That is what makes HP Gas synonymous with Safety.
g. HP Retails Pumps http://www.hindustanpetroleum.com/retailhome
HP Retail Business unit of HPCL is engaged in making available automotive fuels/
lubricants and other value added services for the automobile / private transport
sector across the country, through a dedicated network of Retail Outlets, commonly
known as Petrol Pumps. The Retail unit is so named, as it involves dispensing fuels of
relatively smaller volumes to the vehicle fuel tank.
The main products delivered include Diesel, Petrol, Turbojet, Power,
AutoLPG, CNG and lubricantsrequired for various vehicles, which are supplied at
the Petrol pumps. In addition, Products for cashless transactions, like Co-branded
cards, Fleet cards and other loyality cards have been developed for the convenience
of customers. The Retail Business unit is also responsible for the supply of subsidised
Kerosene under the Public Distribution System (PDS) to the nominated wholesalers
appointed by the State Governments, basis the allocation plan provided by the
respective State Governments..
At our Petrol Pumps, we believe in Maintenance. Maintenance, not only of the
vehicle, but of a steady relationship with our consumer. And to do so,
providing even better and efficient services. We take care of not only your
fuelling needs, but complete vehicle care. We stock related products like tyres,
batteries and accessories, so you don't have to go shop-hopping. All our other value-
added services ensure that your vehicle is well looked after.
PRODUCT PIPELINES
Hindustan Petroleum Corporation (HPCL) has planned to build new pipelines projects which
would be entirely 888 kilometers long. The company has already received the Petroleum and
Natural Gas Regulatory Board (PNGRB) approval for the same.
Pipelines in Operation:
HPCL operates the following Cross Country Product Pipelines:

Length in
Name of Pipeline Capacity in MMTPA
KMs

1. Mumbai Pune Solapur Pipeline (MPSPL) 508 4.30

2. Visakh Vijayawada Secunderabad 572 5.38

Pipeline (VVSPL)

3. Mundra Delhi Pipeline (MDPL) 1054 5.00

4. Ramanmandi Bahadurgarh Pipeline 243 4.71

(RBPL)

5. Ramanmandi- Bathinda Pipeline (RBhPL) 30 1.13

6. Awa Salawas Pipeline (ASPL) 93 2.30

7. Bahadurgarh Tikrikalan Pipeline (BTPL) 14 0.75

Total 2514 23.57

The company is planning to build 440 km Rewari –Kanpur pipeline, 356 km long Mangalore-
Mysore LPG pipeline via Hassan and Bengaluru.
JVs
Crude Refining and Marketing of finished Petroleum products is the core area of the
Corporation. Opportunities are also being explored to access new revenue streams, and
augment downstream businesses. Accordingly, HPCL has ventured in Upstream activities
(Exploration and Production) and piped gas distribution in major cities
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 data
expressed.
 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
Subsidiary Companies
 HPCL Biofuels Limited (HBL)
 Prize Petroleum Company Limited
HPCL-Mittal Energy Ltd.(HMEL)
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 and name was changed to HMEL on 31st December
2007. The initial authorized share capital was Rs. 200 crore and subsequently enhanced to Rs
10,000 crore. HPCL has 48.94% equity participation in HMEL. As of 31st March 2014, paid up
capital of HMEL is Rs. 7,541.46 crore. 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 Hon’ble Prime Minister of India on 28th April
2012
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.
HMEL has a wholly owned subsidiary company HPCL-Mittal Pipelines Ltd. (HMPL), engaged
in receipt, storage and cross country transportation of crude oil to GGSR. HMPL has built a
1,017 km cross-country pipeline and associated facilities for transportation of crude oil from
Mundra to Bathinda, crude oil receiving facilities [including Single Point Mooring (SPM)], sub-
sea pipelines and Crude Oil Terminal (COT) at Mundra and receipt Terminal at Bathinda.
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Hindustan Colas (HINCOL)
HINCOL is a joint venture company promoted by HPCL and Colas S.A. of France, and was
incorporated on July 17, 1995 with an authorised share capital of Rs. 10 Crore which was
subsequently enhanced to Rs. 30 crore. HPCL has 50% equity participation in HINCOL. As on
31st March 2014, 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 presently has eight manufacturing plants across India.
HINCOL products find extensive use in the road construction industry.
During 2013-14, HINCOL started a new application technology viz. Micro-surfacing with state-of-
art equipment for road surface rejuvenation. The environment friendly cold mix technology for
construction and repairs of roads is also being promoted by carrying out various trials in
coordination with regulatory agencies as well as Government and other customers. HINCOL has
implemented new processes and formulations to improve safety, efficiency, quality, energy
saving and profitability
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South Asia LPG Co Pvt. Ltd.(SALPG)
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 with an authorized share capital of Rs. 1 crore which was subsequently enhanced to Rs.
100 crore. HPCL has 50% equity participation in SALPG. As of 31st March 2014, paid up capital
of SALPG is Rs. 100 crore.
SALPG has commissioned an underground Cavern Storage of 60 TMT capacity and associated
receiving & despatch facilities at Visakhapatnam in December 2007. Setup at the cost of Rs.
333.30 crores, the 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.
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Bhagyanagar Gas Limited (BGL)
Bhagyanagar Gas Limited (BGL) was incorporated on 22nd August 2003 as a Joint Venture
Company 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. 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.
The initial authorised share capital of BGL was Rs. 0.10 crore, which was subsequently
enhanced to Rs. 100 crore. As on 31st March 2014 total paid up capital of BGL is Rs. 0.05 crore
in which HPCL has 25% equity participation.
BGL has been authorized by MOP&NG and PNGRB to set up City Gas Distribution
networks in Hyderabad, Vijayawada and Kakinada. BGL operates 29 CNG stations in the three
cities of Hyderabad, Vijayawada and Kakinada put together and 1 Auto LPG station at Tirupati..
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Aavantika Gas Limited
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 2014 total paid up
capital of AGL is Rs. 0.05 crore in which HPCL has 25% equity participation.
AGL has been authorized by MOP&NG as well as PNGRB for carrying City Gas Distribution
(CGD) operations at Indore, Ujjain and Gwalior. The company commenced commercial
operations in the year 2008. AGL operates 14 CNG stations - 7 daughter stations (5 at Indore
and 2 at Ujjain), 5 online stations (4 at Indore and 1 at Gwalior) and 2 mother stations (1 at
Indore and 1 at Gwalior).
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HPCL Shapoorji Energy Limited (HSEL)
HPCL Shapoorji Energy Limited (HSEL) 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)] with an authorized share
capital of Rs. 10 crore. HPCL has 50% equity participation in HSEL. As on 31st March 2014,
paid up capital of HSEL is Rs. 10 crore.
HSEL has been formed to build and operate 5 MMTPA LNG regasification terminal at
Chhara Port in Gir, Somnath
 Marine Facilities for LNG carrier berthing
 Tanks and Storage Facilities: 2 tanks of 185,000 cubic meter each
 Regasification Facility based on Shell & Tube Vaporizer (STV)
 Utilities such as Boil-Off System and Emergency generator
The Financial Appraisal has been completed and debt syndication process is in progress. HSEL
has initiated various pre-construction activities. The scope of work and deliverable for front-end
engineering design has been finalized.
On Environment front, Expert Appraisal Committee (EAC) has issued Terms of Reference for
Environment Impact and Risk Assessment Study (EIRA) on 01/03/14. HSEL has appointed
National Environment Engineering Research Institute (NEERI) and National Institute of
Oceanography to carry out concerned environment studies.
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Petronet MHB Limited (PMHBL)
HPCL, along with Petronet India Limited (PIL) promoted Petronet MHB Limited (PMHBL) for
construction of Mangalore-Hassan-Bangalore Pipeline. The joint venture company was
incorporated on 31st July 1998 with an initial authorised share capital of Rs. 1 crore which was
subsequently enhanced to Rs. 600 crore. As on 31st March 2014, paid up capital of PMHBL is
Rs. 548.71 crore. Initially PIL and HPCL contributed 26% each towards equity of the company.
In April 2003, ONGC joined as a strategic partner in PMHBL by taking 23% equity. Post debt
restructuring of PMHBL, the equity holding of HPCL and ONGC increased to 28.77% each and
PIL’s holding decreased to 7.90%.
PMHBL meets fuel transportation needs between Mangalore, Hassan and
Bangalore. . Executed at a cost of Rs. 667 crores.
PMHBL has been certified for Integrated Management System (IMS) covering Quality
Management System- ISO-9001-2008, Environmental Management System-ISO-14001-2004
and OHSAS–18001-2007. The company deploys various technology solutions for its operations.
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Mangalore Refineries and Petrochemicals Limited (MRPL)
Commissioned in March 1996 with a Refinery capacity of 3 MMTPA. Current Refinery capacity
is 15 MMTPA.p>
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 collaborating for off-take of products produced by the refinery.Top
Rajiv Gandhi Institute of Petroleum Technology (RGIPT)
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.Top
Sushrut Hospital and Research Centre
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.Top
GSPL India Gasnet Ltd (GIGL) and GSPL India Transco Ltd (GITL)
GSPL India Gasnet Limited (GIGL) and GSPL India Transco Limited (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, 2014 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 2014,
paid up capitals of GIGL and GITL were Rs. 137.01 crore and Rs. 115 crore respectively.
GIGL will lay two cross-country gas pipelines viz 1,640 KM Mehsana to Bathinda Pipeline (with
initial capacity of 43 million standard cubic meter per day i.e. MMSCMD to final capacity of 77
MMSCMD) and 740 KM Bathinda to Srinagar Pipeline (with initial capacity of 32 MMSCMD to
final capacity of 43 MMSCMD). GITL will lay 1,746 KM pipeline from Mallavaram to Bhilwara
(with initial capacity of 53 MMSCMD to final capacity of 77 MMSCMD).
The above JV Companies will facilitate HPCL to source gas and market it independently to
customers along the pipeline route.
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Subsidiary Companies
HPCL Biofuels Limited (HBL)
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 with an authorized
share capital of Rs. 250 crore which was enhanced to Rs. 700 crore. As on 31st March 2014
total paid up capital (equity as well as preference share 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.
During 2013-14,, SBI Caps was engaged for suggesting financial restructuring for improving the
performance of the company. As suggested by SBI Caps, HPCL has converted the loan of Rs.
419.65 crore into 5% preference share capital.
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Prize Petroleum Company Limited
HPCL had promoted Prize Petroleum Company Ltd (PPCL) on 28th October 1998 for
participation in exploration and production of hydrocarbons. The initial authorised share capital
of PPCL was Rs. 20 Crore which was subsequently enhanced to Rs. 720 Crore. As on 31st
March 2014, the paid up equity capital of the company is Rs. 120 crore. During 2011-12, PPCL
became wholly owned subsidiary and upstream arm of HPCL.
Prize Petroleum Company Limited (PPCL) has built a portfolio of two producing fields and one
exploration block. 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 signed agreement for acquisition of 11.25% and 9.75%
participating interest in two E & P blocks (T/L1 and T/18P respectively) in Australia.
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CREDA-HPCL Biofuel Limited (CHBL)
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 2014,
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.
CHBL is in the process of undertaking cultivation of Jatropha plant, an energy crop used for
production of bio-diesel. The cultivation is scheduled to be on total 15,000 hectares of land
leased from the Government of Chhattisgarh. Production of bio-diesel and its blending with
normal diesel will help in meeting domestic demand. HPCL shall have exclusive rights over the
production and marketing of biodiesel and by-products from the produce.
The company has taken up trials of hybrid Jatropha plant with various national and international
companies as technology and implementation partners for high yielding plantation stock, better
agronomy practices, less mortality etc. It proposes to continue plantation activities in a
calibrated way with High Yielding Varieties (HYV) of Jatropha to improve yield.
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HPCL Rajasthan Refinery Limited (HRRL)
HPCL Rajasthan Refinery Limited (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 with an authorized share capital of Rs. 4,000 crore for setting up a 9
MMTPA capacity Greenfield refinery and a petrochemical complex in the State of Rajasthan. As
on 31st March 2014, the total paid up capital of HRRL is Rs. 0.05 crore.
Land measuring 12034.10 bighas in Pachpadra village, Barmer district, Rajasthan has been
allotted to the project by Govt. of Rajasthan. SBI Capital Markets Ltd. has been engaged to
carry out the debt syndication for the project. The project is expected to take 48 months from the
zero date for achieving mechanical completion.
IMPORTANT PROJECTS UNDER PROGRESS
Source: HPCL website http://www.hindustanpetroleum.com/majorongoingprojects
In order to strengthen core processes and modernize, HPCL has developed ambitious plans for expansion
and diversification in the areas of increasing energy demand, technological upgradation and environment
management. A brief on some major projects in progress in different parts of India are given below:
 Visakh Refinery Modernization Project (VRMP)
 Mumbai Refinery Expansion Project (MREP)
 Uran-Chakan / Shikrapur LPG Pipeline Project
 Wind Power Project under Phase – II
 Revamping of Jabalpur IRD Project
 New LPG Plant at Panagarh
 VVSPL Capacity Expansion and OSTT-SS Jetty Sub-sea Pipeline Project
 HPCL- Mundra Delhi Pipeline (MDPL) Capacity Expansion & Palanpur Vadodara Pipeline Extension
 Ramanmandi-Bahadurgarh Capacity Expansion Project
Visakh Refinery Modernization Project (VRMP)
The objective of the project is to modernize and enhance the capacity of existing
Visakh Refinery from present capacity of 8.33 MMTPA to 15 MMTPA at
Visakhapatnam, Andhra Pradesh. The Project comprises of new 9 MMTPA grassroots
refining facility, revamp and capacity expansion of existing units, augmentation of
Utilities systems, integrated effluent treatment system, Offsite facilities, Captive
Power Plant and other associated facilities. The cost of the project is R 20928 crores
and scheduled mechanical completion is July 2020. Fax Of Acceptance (FOA) has
been placed on M/s EIL for PMC services on 31st December, 2016.
Mumbai Refinery Expansion Project (MREP)
The objectives of the project is to enhance the capacity of existing Refinery at Mumbai, Maharashtra from
present capacity of 7.5 MMTPA to 9.5 MMTPA and to meet BS VI Auto Fuel Specifications for MS & HSD
produced from this refinery. The project envisages a new Hydrogen Generation Unit (HGU), revamping and
capacity expansion of existing units, augmentation of Utilities, Offsite and other associated facilities. The
project outlay is R 4199 crores with a scheduled completion time for the total project is 36 Months from the
date of Environmental Clearance. HPCL has appointed M/s Engineers India Limited (EIL) as PMC cum EPCM
consultant for the project.

Uran-Chakan / Shikrapur LPG Pipeline Project

Objective of the project is to reduce the Bulk LPG Tanker Movement along with roads between Mumbai and
Pune. To improve Safety / Environment along with the Ghat Section between Mumbai and Pune. Total cost
of the Project is Rs. 462.79 Cr. A project is being shared on 50:50 basis with M/s BPCL and the project is
expected to be completed by October 2015.
It is proposed to lay 164 kms (approx), underground LPG Pipe line of 12 inch diameter from BPC LPG
terminal to BPC LPG Plant at Shikrapur with a tap off to HPC LPG Plant & IOC LPG Plant at Chakan. The
design throughput of the pipeline is 1.0 MMTPA. Total cost of the project is s 462.79 crores with 50% cost
being shared by BPCL and the project is expected to be completed by March, 2017.

Wind Power Project under Phase – II

50.4 MW capacity Wind Power Project (Phase-II) with a cost of R 370 cr is being implemented at Tejuva in
Jaisalmer dist. (Rajasthan). Project will be set up with 24 No. of Wind Turbines having a capacity of 2.1 MW
each. The project is anticipated to be commissioned by January 2017.

Revamping of Jabalpur IRD Project

The objective of the project is to Revamp and upgrade the facilities at Jabalpur IRD for meeting the future
market needs and ease the situation for current business requirement. The major facilities to be constructed
are Above Ground Storage Tankages (16800KL) and Tank Truck Loading Facilities (1X8 Bay). The approved
cost of the project is x 126.40 Crore and the completion schedule is June 2017.

New LPG Plant at Panagarh

The objective of the project is to construct a new 250 TMTPA road fed LPG bottling plant at WBIDC Land at
Panagarh. Proposed facilities include 72 Head flex-speed automatic electronic carousal, 3 X 500 MT Mounded
Storage Vessels and 8 Bay TT Gantry. The approved cost of the project is d 190.45 crore and the completion
schedule is September 2017.

VVSPL Capacity Expansion and OSTT-SS Jetty Sub-sea Pipeline Project

The objective of the project is to increase the capacity of existing Visakh-Vijayawada-Secunderabad Pipeline
(VVSPL) from 5.3 MMTPA to 8 MMTPA by construction of new additional Pump stations at IPS-1 at
M.B.Patnam, IPS-2 at Guntupally and SV-17 at Bogaram. Additional pumps will be installed at existing pump
stations at Vizag, Rajamundry, Vijayawada and Suryapet. Project also includes laying of 1.1 KM 24" Sub-sea
pipeline from Offshore Tanker Terminal (OSTT) to Sunken Ship Jetty (SS Jetty) at Visakh port trust.
Capacity expansion of VVSPL and laying of Subsea pipeline will be completed within 24 months from the
date of Board approval and receipt of all statutory approvals. Scheduled project completion is by 15th Sept
2019.

HPCL- Mundra Delhi Pipeline (MDPL) Capacity Expansion & Palanpur

Vadodara Pipeline Extension
The objective of the project is to increase the existing capacity of MDPL from 5 MMTPA to 8 MMTPA by
adding new Pump stations at Bachau (Gujarat) & Pindwara (Rajasthan) and laying of Palanpur-Vadodara
Pipeline of 235 KM long Pipeline from Palanpur to Vadodara. The project also involves construction of a
receipt, storage cum Marketing Terminal at Vadodara of 2.04 Lakh KL Storage.
The total approved cost of the Project is d 1879 Crs. The project has a completion period of 36 months from
the date of Board Approval and receipt of Environmental / SPCB Clearances. Scheduled project completion is
by March 2020.

Ramanmandi-Bahadurgarh Capacity Expansion Project

The objective of the project is to increase the existing capacity of Ramanmandi Bahadurgarh Pipeline to its
Phase II ultimate capacity of 7.1 MMTPA from 4.71 MMTPA by Installation of Booster & Mainline Pumps at
Ramanmandi and Construction of Intermediate Pump station at Barwala.
The total approved cost of the Project is R 230 Crs. The mechanical completion of the Project will be within
22 months from the date of land acquisition and environmental / SPCB clearance & additional 2 months for
commissioning. Scheduled project completion is by March 2019.