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HPCL signs agreement with NLDS for integration of API with ULIP

17 Dec 2024 Evaluate

Hindustan Petroleum Corporation (HPCL) has signed an agreement with NICDC Logistics Data Services (NLDS) to integrate its APIs with Unified Logistics Interface Platform (ULIP). This partnership is a significant step towards enhancing transparency, operational efficiency, and innovation in India’s logistics sector. 

The HPCL API of ULIP provides Fuel Station & Pricing Visibility, which offers real-time visibility into the location and pricing of HPCL fuel stations across India. This API is expected to address critical logistics challenges, such as lack of clarity on refueling options and fluctuating fuel costs along various routes. By utilizing this data, logistics service providers, traders and transporters can optimize their planning and operations, ultimately reducing costs and inefficiencies.

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.


Peers
Company Name CMP
Reliance Industries 1226.00
Indian Oil Corpn. 135.80
Bharat PetroleumCorp 307.55
HPCL 351.50
MRPL 164.85
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