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Hindustan Petroleum Corporation Limited (HPCL) is a Maharatna CPSE Company with Annual Gross Sales of about Rs. 4,66,345 Crore during FY 2024-25. HPCL has a strong presence in the Refining & Marketing of Petroleum Products in the country. HPCL owns and operates Refineries at Mumbai & Visakhapatnam with design capacities of 9.5 MMTPA & 15 MMTPA respectively. HP Green R&D Centre at Bengaluru is a state-of-the-art research facility for driving innovation in HPCL.
HPCL also owns the largest Lube Refinery in the country at Mumbai for producing Lube Oil Base Stock with a 764 Thousand Metric Tonnes Per Annum (TMTPA) capacity. HMEL & MRPL are JVs of HPCL which add to the refining capacity of HPCL portfolio. HPCL, through its subsidiary Prize Petroleum Company Ltd., owns 7 E&P blocks. Overall, HPCL is a strong player in the field of Refining, Lube marketing, Petrochemical marketing infrastructure, Bitumen emulsions, Biofuels, Natural Gas, etc. HPCL has a vast marketing network consisting of 23747 Retail outlets, 6378 LPG distributorships, 4 Lube blending plants, 29 exclusive lube depots, 80 terminals & TOPS, 55 LPG bottling plants, 57 Aviation Fuel stations and 5134 Kms long of the pipeline network. HPCL has a significant presence in CNG & EV charging stations with 2038 CNG outlets & 5976 EV charging stations. In order to strengthen core processes and modernize, HPCL has embarked upon ambitious plans for expansion and diversification, such as Visakh Refinery Modernisation Project (VRMP), HPCL Rajasthan Refinery Ltd. (HRRL), etc.
HPCL along with its JVs is committed to the nation by transforming the energy landscape with a mission of becoming a "fully integrated company in the hydrocarbons sector of exploration and production, refiing and marketing; focusing on enhancement of productivity, quality & profitability, caring for customers and employees, caring for environment protection and cultural heritage. It will also attain scale dimensions by diversifying into other energy-related fields and by taking up transnational operations".