Hindustan Petroleum Corporation Limited
Company overview
HPCL operates two major refineries producing a wide variety of petroleum products including diesel, petrol, LPG (liquefied petroleum gas), aviation turbine fuel, lubricants, and specialty products.
In addition to its core business of refining and retailing petroleum products through an extensive network of outlets across India, HPCL also provides various services such as domestic and industrial LPG supply. The company has a strong presence in the petrochemical sector with production facilities for benzene and by-products like propylene. One standout feature that sets HPCL apart from its competitors is its focus on innovation and technological advancement. The company constantly invests in modernizing its refineries to improve efficiency while adhering to stringent environmental standards. This emphasis on technology allows HPCL to produce high-quality fuels while minimizing their impact on the environment. In recent years, HPCL has collaborated with global energy players to enhance its capabilities. For instance, it partnered with Total S.A., a French multinational oil giant, for various ventures aimed at expanding both companies' footprints in India's rapidly growing energy market. Overall, Hindustan Petroleum Corporation Limited stands out due to its commitment towards innovation-driven growth along with strategic collaborations which have bolstered its position as a key player within the Indian energy industry.