Hindustan Petroleum Corporation (HPCL) has raised Rs 1200 crore through Un-secured, Redeemable, Non-Convertible, Non-Cumulative, taxable, Debenture (NCDs) and allotted 12000 NCDs having face value of Rs 10,00,000 each.
Hindustan Petroleum Corporation operates two major refineries producing a wide variety of petroleum fuels and Specialties. The Company also owns and operates the largest lube refinery in the country producing lube base oils of international standards.