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HPCL commissions Rs 1757 crore Mundra – Delhi Pipeline

04 Feb 2009 Evaluate

HPCL has commissioned the Mundra-Delhi pipeline (MDPL), which was built at an investment of over Rs 1757 crore, but within the scheduled time of 36 months. MDPL happens to be one of the longest cross country product pipelines in India, and it runs 1054 kilometers from Mundra to Delhi.  Along the way, MDPL connects the supply Centres in Gujarat in the west to the consumer areas in various States including, Gujarat, Rajasthan, Haryana, Delhi, UP, Punjab and further North. MDPL currently has 5 million tonne pipeline capacity, which will be increased to 6 million tonne in Phase II. 

 

As movement of products by pipeline is most economical vs. rail or road, the MDPL pipeline will bring down the cost of transport of petroleum products like petrol, diesel, kerosene etc for HPCL. In addition, this is the first product pipeline commissioned under the principle of common carrier as laid down in the Petroleum Product Pipeline Policy, and hence can generate additional revenues for HPCL for transporting products of other oil companies.

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Peers
Company Name CMP
Reliance Industries 1219.00
Indian Oil Corpn. 135.80
Bharat PetroleumCorp 307.90
HPCL 350.95
MRPL 164.35
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