Hindustan Petroleum Corporation (HPCL), GAIL (India) and Government of Andhra Pradesh (GoAP) have signed a Memorandum of Understanding (MoU) regarding the proposed greenfield standalone petrochemical complex in the state of Andhra Pradesh.
HPCL is an Indian state-owned oil and natural gas company with its headquarters at Mumbai, Maharashtra. It has about 25% marketing share in India among PSUs and a strong marketing infrastructure.