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HPCL-Mittal Energy Limited (HMEL) is an Indian integrated refining and petrochemical company, with operations spanning crude oil refining and petrochemical manufacturing. It is a public-private partnership between fortune 500 company, Hindustan Petroleum Corporation Limited (HPCL) and Mittal Energy Investments Pte Limited (MEIL), a part of the Lakshmi N. Mittal Group.
Hindustan Petroleum Corporation Limited (HPCL) is an Indian public sector undertaking in petroleum and natural gas industry, headquartered in Mumbai. It is a subsidiary of the Oil and Natural Gas Corporation (ONGC), which is owned by the Government of India and under the administration of Ministry of Petroleum and Natural Gas .
The cabinet had cleared a plan to sell 53.3% of its stake in Bharat Petroleum Corporation (BPCL) [citation needed] with the rest owned by Foreign Portfolio Investors (13.7%), Domestic Institutional Investors (12%), Insurance (8.24%) and the balance held by individual share holders. [23] But as of 2024, such a plan is said to be off the table. [24]
Guru Gobind Singh Refinery (GGSR) is a joint venture refinery owned by HMEL, a joint venture between HPCL and Mittal Energy Investment Pte Ltd, owned by Laxmi Mittal. It is the tenth largest refinery in India. [1] The work for refinery started in 2008 and the refinery became operational in March 2012. [2]
View of Mumbai refinery from Bombay Harbor. The HPCL Mumbai refinery is one of the most complex refineries in the country, is constructed on an area of 321 acres. This versatile refinery which is the first of India's modern refineries, symbolizes the country's industrial strength and progress in the oil industry.
10 Delicious Protein Powder Recipes Perfect for Your New Year's Resolution Heath Goals. These 10 recipes with protein powder range from your classic shakes to oatmeal, pancakes, and energy bites.
Over the course of two days, the BSE SENSEX in India dropped from 19,013 on Monday morning to 16,730 by Tuesday evening or a two-day fall of 13.9%. [66] Less than a month later, on 11 February 2008, the SENSEX lost 833.98 points, when Reliance Power fell below its IPO price in its debut trade after a high-profile public offer. [32]
(Reuters) - Canada confirmed its first case of mad cow disease since 2011 on Friday, but said the discovery should not hit a beef export sector worth C$2 billion ($1.6 billion) a year. The news ...