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Old 12th May 2016, 05:30 PM
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Default Re: Hindustan Petroleum Corporation Limited Hassan

Hindustan Petroleum Corporation Limited (HPCL) is an Indian state-owned oil and natural gas company. The Company was established in 1974. It headquartered at Mumbai, Maharashtra.

Petronet MHB Limited (PMHBL)

Hindustan Petroleum Corporation Limited 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

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.

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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