I am MBA final year student and making project report on the topic Hindustan Petroleum Corporation Limited searching for details. Will you provide me details about Hindustan Petroleum Corporation Limited along with objectives of Hindustan Petroleum Corporation?

Hindustan Petroleum Corporation Limited is an Indian state-owned oil and natural gas company with its headquarters at Mumbai, Maharashtra.

It has about 25% marketing share in India among PSUs and a strong marketing infrastructure.

Objectives

To serve the national interests in oil and related sectors in accordance and consistent with Government policies

To ensure maintenance of continuous and smooth supplies of petroleum products by way of crude oil refining, transportation and marketing activities and to provide appropriate assistance to consumers to conserve and use petroleum products efficiently.

To enhance the country's self-sufficiency in crude oil refining and build expertise in laying of crude oil and petroleum product pipelines.

To further enhance marketing infrastructure and reseller network for providing assured service to customers throughout the country.

To create a strong research & development base in refinery processes, product formulations, pipeline transportation and alternative fuels with a view to minimizing/eliminating imports and to have next generation products.

To optimise utilisation of refining capacity and maximize distillate yield and gross refining margin.

To maximise utilisation of the existing facilities for improving efficiency and increasing productivity.

Contact:

Hindustan Petroleum Corporation Limited.
Petroleum House,
17, Jamshedji Tata Road,
Mumbai 400020.
Maharastra, India.
Email: corphqo (at) hpcl [dot] in