Hindustan Petroleum Corporation Limited
Hindustan Petroleum Corporation Limited is the second largest integrated oil refining and marketing company in India.The Company was first incorporated as Standard Vacuum Refining Company of India in 1952 and later named ESSO India. When Esso and Lube India were nationalised, the company was renamed Hindustan Petroleum Corporation (HPCL) with effect from 1974. The Caltex undertaking were also nationalized in 1976, which were subsequently merged with the company in 1978. In the following year, the undertakings of Kosan Gas Company, the concessionaires of HPCL in the domestic LPG market, was merged with the company. Keeping pace with the nation's energy requirements, the companies infrastructure today boasts of refineries, cross - country pipelines, LPG bottling plants, lube blending plants and aviation service facilities . Adding to this it has an extensive network of retail outlets, regional offices, terminals and depots that truly make it an industry leader. The main products of the company includes petrol, high speed diesel, superior kerosene oil, liquefied petroleum gas, aviation turbine fuel, naphtha, furnace oil, bitumen, low sulphur heavy stock, solvents, propylene and over 300 grades of lubes. It was the first oil major to tap the capital market in Feb.'95.Also its ongoing projects and joint ventures are a part of the expansion and diversification plans to meet the demands of a new liberalised economy. It has co-promoted several joint ventures like Mangalore Refinery & Petrochemicals (MRPL), Hindustan Colas, Petronet India, Punjab Refinery Project, Visakh Power Project, Prize Petroleum Co & South Asia LPG Co, Bhagyanagar Gas Ltd, Petronet MHB <!-- D(["mb","Ltd.During 2002-03,ONGC has acquired entire stake of AV Birla Group in MRPL andalso infused Rs.600 crores into MRPL.Consequent to this, ONGC holding in MRPL has touched 71.62% and HPCL\u0026#39;s equity stands at 16.95%.The company has incorporated \u0026quot;Guru Gobind Singh Refineries\u0026quot; on December 2000 making it a wholly owned subsidiary of the company.The company has completed the Rs.378 Crore Vijayawada to Secunderabadpipeline project and commissioned it on March 2002. The company has alsocommissioned the 8 Km long tanker discharge pipeline between sunken shipjetty and ATP terminal at Visakh (laid at a cost of Rs.15 crores) on June2001. The new LPG Bottling plant at a capacity 44 TMTPA was set up in Kotaand augmentation of nine bottling capacity of its existing plants was alsoset up at a cost of Rs.48.94 crores. The modernisation of Vizagh Refineryis under implementation with a capital outlay of Rs.1635 crores within ascheduled period of 30 months.During 2004-2005 the company has completed its construction of a new grassroot depot at Aonla, Bareilly, Uttarpradesh. This rail-fed depot wascompleted at a total cost of Rs.10.25 crores. It has 9080 KL producttankages for storage of HSD, MS, SKO and Ethanol which will cater to themarket demand of Bareilly, Pilibhit, Badaun, Rampur (Uttarpradesh) andbridging to Haldwani (Uttranchal). The company has also completed itsconstruction of another new grass root depot at Ramagundam, Andhra Pradeshat a total cost of Rs.11.47 crores. The depot has 7974 KL tankage for MS,HSD, and SKO together with product receipt through railway tank wagons fromVijayawada terminal and it will meet the requirement of Nizamabad, Adilabadand Karimnagar. Further the company has commissioned a total of 13100 KL additional tankage at various locations during the year.HPCL has planned to roll out 25 Kls Tank trucks (TTs) for supply ofproducts. 2TTs at Vashi Terminal in April 2004, 1 TT in Wadala Terminal and2 TTs in ASF service at Shakurbasti have been introduced and 15 TTs will beput on road by September 2005. Also the company is planning to launch 40 KLcapacity new generation tank truck during 2005-06. The company hasimplemented 15 company tank trucks during 2004 and 172 company owned tanktrucks all over India is under implementation which will be completed bySeptember ",1] ); //-->Ltd.During 2002-03,ONGC has acquired entire stake of AV Birla Group in MRPL andalso infused Rs.600 crores into MRPL.Consequent to this, ONGC holding in MRPL has touched 71.62% and HPCL's equity stands at 16.95%.The company has incorporated "Guru Gobind Singh Refineries" on December 2000 making it a wholly owned subsidiary of the company.The company has completed the Rs.378 Crore Vijayawada to Secunderabadpipeline project and commissioned it on March 2002. The company has alsocommissioned the 8 Km long tanker discharge pipeline between sunken shipjetty and ATP terminal at Visakh (laid at a cost of Rs.15 crores) on June2001. The new LPG Bottling plant at a capacity 44 TMTPA was set up in Kotaand augmentation of nine bottling capacity of its existing plants was alsoset up at a cost of Rs.48.94 crores. The modernisation of Vizagh Refineryis under implementation with a capital outlay of Rs.1635 crores within ascheduled period of 30 months.During 2004-2005 the company has completed its construction of a new grassroot depot at Aonla, Bareilly, Uttarpradesh. This rail-fed depot wascompleted at a total cost of Rs.10.25 crores. It has 9080 KL producttankages for storage of HSD, MS, SKO and Ethanol which will cater to themarket demand of Bareilly, Pilibhit, Badaun, Rampur (Uttarpradesh) andbridging to Haldwani (Uttranchal). The company has also completed itsconstruction of another new grass root depot at Ramagundam, Andhra Pradeshat a total cost of Rs.11.47 crores. The depot has 7974 KL tankage for MS,HSD, and SKO together with product receipt through railway tank wagons fromVijayawada terminal and it will meet the requirement of Nizamabad, Adilabadand Karimnagar. Further the company has commissioned a total of 13100 KL additional tankage at various locations during the year.HPCL has planned to roll out 25 Kls Tank trucks (TTs) for supply ofproducts. 2TTs at Vashi Terminal in April 2004, 1 TT in Wadala Terminal and2 TTs in ASF service at Shakurbasti have been introduced and 15 TTs will beput on road by September 2005. Also the company is planning to launch 40 KLcapacity new generation tank truck during 2005-06. The company hasimplemented 15 company tank trucks during 2004 and 172 company owned tanktrucks all over India is under implementation which will be completed bySeptember <!-- D(["mb","2005.The company is implementing the Green Fuel Projects at Mumbai Refinery andVisakh Refinery at a total cost of Rs.2800 crores. After the implementationthe refineries wii be able to produce Motor Spirit and High Speed DieselOil to meet the new Euro specifications.HPCL is implementing two major product pipeline projects connecting Mundraand Delhi and Loni and Solapur which will meet the conusmer demand on thenorthern sector at an estimated cost of Rs.1960 crores. Further the companyis planning to strengthen marketing infrastructure by Upgradation,Automation and new facilities for marketing division at a cost of Rs.1400crores.Prize petroleum a joint venture company in association with Aban Lloyd has struck its first own crude oil in its onshore marginal field at Gujarat.HPCL has branded its retail outlets under the brand name \u0026quot;CLUB HP\u0026quot; withmore than 2250 outlets in the country. The company has launched \u0026#39;Turbojet\u0026#39;branded diesel in India and also \u0026quot;Power\u0026quot; in petrol segment. During 2005-2006, the companies Mumbai Refinery has undertaken mega project at an approved cost of Rs.1850 crores to meet the MS/HSD of EURO-III grade in Metro/Mega cities and Bharat stage-II grade in the rest of the country. The project will result in enhancing the refining capacity from 5.5 MMTPA to 7.9 MMTPA. The Refinery has already installed \u0026amp; commissioned DHDS 2nd reactor in May 2005.The Visakh Refinery has undertaken Clean Fuel Project at an approved cost of Rs.2147.8 crores to meet the MS/HSD of Euro-III grade in Metro-Mega cities and Bharat-II grade in the rest of the country. The project will result in enhancing the refining capacity from 7.5 MMTPA to 8.33 MMTPA. The project is expected to be completed mechanically by December, 2006.Mumbai Refinery has commenced production of BS-II MS/HSD from January, 2005 \u0026amp; Euro-III HSD production from May, 2005. But the production of EURO-III MS will commence after the implementation of ongoing Green Fuel Emission project.Vishaka Refinery commenced BS-II/Euro-III HSD \u0026amp; BS-II MS production from January, 2005. The production of EURO-III MS/ production/supply is expected to commence after implementation of ongoing Clean Fuel ",1] ); //-->2005.The company is implementing the Green Fuel Projects at Mumbai Refinery andVisakh Refinery at a total cost of Rs.2800 crores. After the implementationthe refineries wii be able to produce Motor Spirit and High Speed DieselOil to meet the new Euro specifications.HPCL is implementing two major product pipeline projects connecting Mundraand Delhi and Loni and Solapur which will meet the conusmer demand on thenorthern sector at an estimated cost of Rs.1960 crores. Further the companyis planning to strengthen marketing infrastructure by Upgradation,Automation and new facilities for marketing division at a cost of Rs.1400crores.Prize petroleum a joint venture company in association with Aban Lloyd has struck its first own crude oil in its onshore marginal field at Gujarat.HPCL has branded its retail outlets under the brand name "CLUB HP" withmore than 2250 outlets in the country. The company has launched 'Turbojet'branded diesel in India and also "Power" in petrol segment. During 2005-2006, the companies Mumbai Refinery has undertaken mega project at an approved cost of Rs.1850 crores to meet the MS/HSD of EURO-III grade in Metro/Mega cities and Bharat stage-II grade in the rest of the country. The project will result in enhancing the refining capacity from 5.5 MMTPA to 7.9 MMTPA. The Refinery has already installed & commissioned DHDS 2nd reactor in May 2005.The Visakh Refinery has undertaken Clean Fuel Project at an approved cost of Rs.2147.8 crores to meet the MS/HSD of Euro-III grade in Metro-Mega cities and Bharat-II grade in the rest of the country. The project will result in enhancing the refining capacity from 7.5 MMTPA to 8.33 MMTPA. The project is expected to be completed mechanically by December, 2006.Mumbai Refinery has commenced production of BS-II MS/HSD from January, 2005 & Euro-III HSD production from May, 2005. But the production of EURO-III MS will commence after the implementation of ongoing Green Fuel Emission project.Vishaka Refinery commenced BS-II/Euro-III HSD & BS-II MS production from January, 2005. The production of EURO-III MS/ production/supply is expected to commence after implementation of ongoing Clean Fuel <!-- D(["mb","project.The companies Mundra Delhi Pipeline project is under execution and is to commissioned by May 2007. The companies Pune Solapur Pipeline project is expected to be completed by September 2006.Additional product tank of 2 x 10000 KL and 1 x 15000 KL for premier grades was completed at Hassan Terminal in May 2005. A total of 44,254 KL additional tankage has also been completed/commissioned at various locations during 2005-2006. A New Aviation Service Facilities at Bangalore and Goa have been commissioned with 880 KL and 400 KL Tankage respectively.A 15 Kw Wind/Solar Hybrid Power Plant to support a connected lighting load of 6 KW for a working period of 6 to 8 hours per day is nearing completion at Loni Terminal as a part of Renewable Energy Projects.The company has installed and commissioned Energy Saving System consisting of VFDs (Variable Frequency Drives) and automation for TT loading Pumps at 15 Locations out of 32 locations at a cost of Rs.160 lakhs.During 2005-06, the company commissioned 647 Retail Outlets with which the companies total retail outlets stands at 7313.\u003cbr\u003e\n\u003cbr\u003e\u003c/span\u003e\u003c/p\u003e\u003cbr clear\u003d\"all\"\u003e\u003cbr\u003e-- \u003cbr\u003eApurva Tamhane\u003cbr\u003e\u003cbr\u003e\u003ca href\u003d\"mailto:[EMAIL PROTECTED]" target\u003d\"_blank\" onclick\u003d\"return top.js.OpenExtLink(window,event,this)\"[EMAIL PROTECTED]/a\u003e\u003cbr\u003e\u003cbr\u003eVisit our New World, \u003ca href\u003d\"http://www.MumbaiHangOut.org\" target\u003d\"_blank\" onclick\u003d\"return top.js.OpenExtLink(window,event,this)\"\u003ewww.MumbaiHangOut.org\u003c/a\u003e \n\n\u003cspan width\u003d\"1\" style\u003d\"color:white\"\u003e\u003c/span\u003e\n\n\n\n\u003cbr\u003e\u003cbr\u003e\n\u003ctt\u003e\n------------------\u003cbr\u003e\nDISCLAIMER :\u003cbr\u003e\n------------------\u003cbr\u003e\n\u003cbr\u003e\n\u003cbr\u003e\nThis message serves informational purposes only and should not be viewed as an irrevocable indenture between anyone. If you have erroneously received this message, please delete it immediately and notify the sender at \u003ca href\u003d\"mailto:[EMAIL PROTECTED]" target\u003d\"_blank\" onclick\u003d\"return top.js.OpenExtLink(window,event,this)\"[EMAIL PROTECTED]/a\u003e. The recipient acknowledges that any views expressed in this message are those of the Individual sender and no binding nature of the message shall be implied or assumed unless the sender does so expressly with due authority of The ",1] ); //-->project.The companies Mundra Delhi Pipeline project is under execution and is to commissioned by May 2007. The companies Pune Solapur Pipeline project is expected to be completed by September 2006.Additional product tank of 2 x 10000 KL and 1 x 15000 KL for premier grades was completed at Hassan Terminal in May 2005. A total of 44,254 KL additional tankage has also been completed/commissioned at various locations during 2005-2006. A New Aviation Service Facilities at Bangalore and Goa have been commissioned with 880 KL and 400 KL Tankage respectively.A 15 Kw Wind/Solar Hybrid Power Plant to support a connected lighting load of 6 KW for a working period of 6 to 8 hours per day is nearing completion at Loni Terminal as a part of Renewable Energy Projects.The company has installed and commissioned Energy Saving System consisting of VFDs (Variable Frequency Drives) and automation for TT loading Pumps at 15 Locations out of 32 locations at a cost of Rs.160 lakhs.During 2005-06, the company commissioned 647 Retail Outlets with which the companies total retail outlets stands at 7313. 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