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HPCL to invest Rs 4200 crore for capacity expansion of Mumbai refinery

30 Sep 2015 Evaluate

Hindustan Petroleum Corporation (HPCL) has received its board's approval for implementation of Mumbai refinery capacity expansion from 7.5 MMTPA to 9.5 MMTPA - Phase I (Capacity Expansion) with a scheduled completion of 36 months from the date of Environmental Clearance, at an estimated total cost of about Rs 4200 crore.

HPCL is a Government of India Enterprise with a Navratna Status, and a Forbes 2000 and Global Fortune 500 company. It had originally been incorporated as a company under the Indian Companies Act 1913. HPCL owns & operates 2 major refineries producing a wide variety of petroleum fuels & specialties, one in Mumbai of 6.5 MMTPA capacity and the other in Visakhapatnam, with a capacity of 8.3 MMTPA.

HPCL Share Price

399.40 25.75 (6.89%)
06-May-2026 16:59 View Price Chart
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Company Name CMP
Reliance Industries 1437.85
Indian Oil Corp. 148.15
BPCL 314.15
HPCL 399.40
MRPL 156.85
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