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HPCL to more than double India Vizag capacity

28 Feb 2011 Evaluate

Hindustan Petroleum Corp (HPCL) plans to more than double capacity at its Vizag site in 5-6 years with about $2.2 billion of investment. HPCL plans to boost capacity at the 8.3 million tonne per year plant, located in the southern state of Andhra Pradesh, by 9 million tonnes per year with investment of Rs 10,000 crore ($2.20 billion). HPCL currently also has a 130,000 bpd plant in Mumbai.

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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