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Cabinet nod for HPCL-Rajasthan refinery in Barmer

the proposal of Hindustan Petroleum Corporation Limited (HPCL) to set up a 9 MMTPA (million metric tonnes per annum) refinery-cum-petrochemical complex in Rajasthan's Barmer district as a joint venture with the state government, an official statement said.HPCL will hold 74 percent equity in the proposed HPCL-Rajasthan Refinery Limited (HRRL),The project is estimated to cost Rs.37,230 crore. HPCL's...
Source : Yahoo Finance |
Category : Personal Finance | City : New Delhi

Cabinet nod for HPCL-Rajasthan refinery in Barmer

the proposal of Hindustan Petroleum Corporation Limited (HPCL) to set up a 9 MMTPA (million metric tonnes per annum) refinery-cum-petrochemical complex in Rajasthan's Barmer district as a joint venture with the state government, an official statement said.HPCL will hold 74 percent equity in the proposed HPCL-Rajasthan Refinery Limited (HRRL),with the Rajasthan government holding 26 percent.The project...
Source : Prokerala |
Category : Business | City : National

CBI raids HPCL office after graft allegations

Local anti-corruption wing of Central Bureau of Investigation's (CBI) conducted a surprise check at the regional office of Hindustan Petroleum Corporation Ltd (HPCL) at Patel Marg in Sadar on Tuesday following allegations against its senior officials. HPCL's vigilance team too accompanied CBI officials during the raid.HPCL officials at regional office at city have come under scanner following a series...
Source : Times Of India |
Category : City | City : Nagpur

Govt. approves HPCL's Rs. 37,229 cr refinery in Rajasthan

setting up of a nine million tonne refinery-cum-petrochemical complex by Hindustan Petroleum Corporation Limited (HPCL's) in Barmer, Rajasthan.Information and Broadcasting Minister Manish Tewari said, the 37,229 crore rupees project will ensure augmenting refinery capability of the country.The proposed refinery will be a subsidiary of HPCL with its equity of 74 percent to be held by HPCL and 26 percent...
Source : News Track India |
Category : Business | City : New Delhi

Petronet LNG clarifies reports on stake sale

Petronet LNG Ltd has clarified that HPCL has shown interest in buying equity in a Special Purpose Vehicle .Ltd has clarified that HPCL has shown interest in buying equity in a Special Purpose Vehicle (SPV) yet to be incorporated for construction, operation and owning of proposed LNG terminal at Gangavaram, Andhra Pradesh of Petronet LNG Limited.Petronet is in discussion with HPCL in this regard. However,...
Source : Indiainfoline |
Category : Business | City : Mumbai

Cabinet approves proposal for HPCL project in Rajasthan

Reliance and BP ended on positive note with the regulator over fields worth $10 bn, after meeting with the top brass of the oil ministry.The proposed refinery will be a subsidiary of HPCL with its equity of 74% to be held by HPCL and 26% to be held by the Govt. of Rajasthan.The Union Cabinet approved the proposal of Hindustan Petroleum Corporation Limited (HPCL), a Public Sector Undertaking to set...
Source : Indiainfoline |
Category : Business

HPCL to Spend Rs 17,000 Crore to Expand Mumbai, Visakhapatnam Refinery Capacity

Hindustan Petroleum Corp Ltd (HPCL) aims to increase its Mumbai refinery's capacity to 200,000 barrels per day from 130,000 bpd, it said in a statement on Wednesday.The state-run company also aims to increase the Visakhapatnam refinery's capacity to 300,000 bpd from 166,000 bpd.HPCL will spend Rs 17,000 crore ($2.88 billion at $1 = 59.0250 rupees) for expanding the refineries, said B K Namdeo, HPCL's...
Source : Ndtv |
Category : Others | City : New Delhi

HPCL profit dips 86% in Q2 on lower subsidy, margin drop

Hindustan Petroleum Corp (HPCL) today reported an 86 per cent drop in second-quarter profit after it received lower fuel subsidy and refining margins dropped.Net profit fell to Rs 318.92 crore in July-September from Rs 2,372.09 crore a year earlier, HPCL director (Finance) K V Rao told reporters here.State-owned HPCL lost Rs 8,234 crore on selling diesel, domestic cooking gas (LPG) and kerosene at...
Source : Ndtv |
Category : Others | City : New Delhi

Colour-coded stickers for pollution under control proposed

commissioner, food and supplies, SS Yadav had written to all major oil companies, including IOCL, HPCL and BPCL, for implementing the recommendations....
Source : Times Of India |
Category : City

Vizag refinery blast toll rises to 17

toll in last weeks blast at the Hindustan Petroleum Corporation Limited (HPCL) refinery in Visakhapatnam rose to 17 with three more injured succumbing to burns Thursday,...
Source : Webindia123 |
Category : National
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