State-run HPCL has received the environmental clearance to expand its refinery at Visakhapatnam in Andhra Pradesh from 8.33 million tonne per annum to 15.0 MTPA.
- The Expert Appraisal Committee (EAC), under the Ministry of Environment and Forests, in its meeting held last month cleared the Rs 18,400 crore expansion plan which was earlier rejected in 2013, citing moratorium on industrial expansion in some of parts of Visakhapatnam.
- HPCL has two refineries, located in Mumbai (West coast) and Visakhapatnam (East coast), with capacities of 7.5 MMTPA and 8.3 MMTPA, respectively.
About HPCL:
Hindustan Petroleum Corporation Limited (HPCL) is an Indian state-owned oil and natural gas company with its headquarters at Mumbai, Maharashtra and with Navratna status. HPCL has been ranked 260th in the Fortune Global 500 rankings of the world’s biggest corporations (2013) and 4th among India’s Companies for the year 2012.
Chairman & MD : Nishi Vasudeva
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