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Hindustan Petroleum Corporation signs a consortium agreement with IOCL and BPCL

07 Dec 2016 Evaluate

Hindustan Petroleum Corporation has signed a Consortium Agreement with Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL) to carry out pre project activities for setting up of 60 MMTPA West Coast Refinery and a Petrochemical Project in the State of Maharashtra through a Joint Venture Company.

Hindustan Petroleum Corporation refines, markets and transports petroleum products in India. It offers crude petroleum products including petrol, diesel, kerosene, liquefied petroleum gas and naphtha. It also markets and exports bulk fuels and products including various fuels, bitumen, marine bunker fuels, marine lubes, hexane, propylene, jute batch oil, solvents, turpentine oil, carbon black feed stock, molten sulphur and kerosene oil.

Peers
Company Name CMP
Reliance Industries 1210.00
Indian Oil Corpn. 130.25
Bharat PetroleumCorp 294.00
HPCL 346.40
MRPL 172.80
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