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HPCL plans to set up Rs 30,000-crore refinery on west coast

27 May 2010 Evaluate

Hindustan Petroleum Corporation (HPCL) plans to invest Rs 30,000 crore to set up a 15-16 million tonne-a-year refinery on the west coast. The new refinery is being mulled to make up for space constraint that its Mumbai refinery faces at present.

The refinery may be set up in Raigad district of Maharashtra.

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Peers
Company Name CMP
Reliance Industries 1226.00
Indian Oil Corpn. 135.80
Bharat PetroleumCorp 307.55
HPCL 351.50
MRPL 164.85
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