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HPCL gets environment clearance for expansion of RBPL

09 Jun 2017 Evaluate

Hindustan Petroleum Corporation (HPCL) has received environment clearance for expansion of Ramanmandi Bahadurgarh Petroleum Products Pipeline (RBPL), whose project cost is Rs 230 crore.

The company operates a 243 km long cross-country pipeline RBPL for transportation of various petroleum products. Its existing capacity is 4.71 million tonnes per annum and the company has proposed to enhance up to 8 million tonnes per annum for transportation of additional petroleum products. This pipeline is catering to the demand of Bahadurgarh and other northern areas via Bathinda-based Guru Gobind Singh Refinery in Punjab.

Hindustan Petroleum Corporation (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.

Peers
Company Name CMP
Reliance Industries 1204.95
Indian Oil Corpn. 133.50
Bharat PetroleumCorp 303.25
HPCL 343.45
MRPL 168.85
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