HPCL, with a Fortune Global 500 rank of 290 (2008), is one of the major integrated refining and marketing oil company in India. It is a mega Public Sector Undertaking (PSU) with 'Navratna' status.
HPCL accounts for about 16% of the market share and 10.3% of the nation’s refining capacity with two coastal refineries, one at 'Mumbai' (West Coast) having a capacity of 5.5 MMTPA and the other in Vishakapatnam (East Coast) with a capacity of 7.5 MMTPA. HPCL also holds an equity stake of 16.95% in Mangalore Refinery & Petrochemicals Limited (MRPL), a state-of-the-art refinery at Mangalore with a capacity of 9 MMTPA. HPCL is well on its way towards setting up another grassroot refinery in the state of Punjab, called Guru Gobind Singh Refineries Limited.
HPCL also owns and operates the country’s largest Lube Refinery, producing Lube Base Oils of international standards. With a capacity of 335,000 Metric Tonnes. This refinery accounts for over 40% of the country’s total Lube Base Oil production.
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