Hindustan Petroleum Revives Refinery Plan
 

Hi buddy I heard Hindustan Petroleum Corporation Limited Revives Rs 50,000 crore refinery-cum- petrochemical plan near Vizag, is it so ??

Re: Hindustan Petroleum Revives Refinery Plan
 

Hindustan Petroleum Corporation Limited is an Indian state-owned oil and natural gas company with its headquarters at Mumbai, Maharashtra.

Yes Hindustan Petroleum Corporation Limited Revives Rs 50,000 crore refinery-cum- petrochemical plan near Vizag, in Andhra Pradesh to meet local fuel demand.HPCL is reviving a Rs 50,000 crore refinery-cum- petrochemical project near Vizag in Andhra Pradesh to meet local fuel demand.

Company profile
Type Public

Traded as BSE: 500104, NSE: HINDPETRO

Industry Oil and Gas

Founded 1974

Headquarters Mumbai, Maharashtra India

Key people M K Surana (Chairman & MD)

Products Oil, natural gas, petroleum, lubricant, petrochemical

Revenue 212,300 crore (US$32 billion) (2015)

Operating income 4,697 crore (US$700 million) (2015)

Net income 1,488 crore (US$220 million) (2015)

Total assets 67,550.64 crore (US$10 billion) (2015)

Owner Government of India (51.11%)

Number of employees 11,226 (2012)