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HPCL enters into packaged drinking water sector

19 Sep 2018 Evaluate

Hindustan Petroleum Corporation (HPCL) has forayed into the packaged drinking water sector with the launch of Reminero, a product in partnership with city-based Indian Institute of Chemical Technology (IICT).

The company has entered into an agreement with IICT to seek their expertise in Membrane Technology, along with infrastructure support, for manufacturing Re-Mineralised Nano Filtered packaged drinking water adhering to the prevailing standards.

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 1223.30
Indian Oil Corpn. 128.55
Bharat PetroleumCorp 293.55
HPCL 348.40
MRPL 174.85
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