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HPCL to build 888 kilometers long new pipeline projects

06 Sep 2013 Evaluate

Hindustan Petroleum Corporation (HPCL) has planned to build new pipelines projects which would be entirely 888 kilometers long. The company has already received the Petroleum and Natural Gas Regulatory Board (PNGRB) approval for the same.

The company is planning to build 440 km Rewari –Kanpur pipeline, 92 km long Awa-Salawas and 356 km long Mangalore-Mysore LPG pipeline via Hassan and Bengaluru.

HPCL operates two major refineries producing a wide variety of petroleum fuels and specialties, one in Mumbai (west coast) of 6.5 million metric tonnes per annum (MMTPA) capacity and the other in Vishakapatnam, (east coast) with a capacity of 7.5 MMTPA.

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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