106 zillion (2005) | |Employees: |11,088 | |Website: |http://hindustanpetroleum.com | HPCL was create in 1974 on nationalization of ESSO India operations. The operations of Caltex were merged in 1976. Hindustan Petroleum Corporation Limited today is the second largest compound oil amend and market placeing company in India and besides a fortune 500 company with a pert urbation of Rs.646.89 billion (US$ 14,709 Mi! llions). The Corporation has already been identified by the governing of India as a company which has the potential to become a worldwide giant. The company employs about 11,088 people and has a market nourish of US $2.73 billion as of 2005. It faces stiff challenger from Bharat Petroleum and Indian Oil Corporation. It is a mega Public sphere of influence task (PSU) with Navratna status. HPCL accounts for 20.9 % of the market share and 10.3% of the nations refining cogency with two coastal refineries, one at Mumbai (West Coast) having a potentiality of 5.5 (Million Metric Tonnes Per Annum) MMTPA and the other in Vishakapatnam (East Coast) with a power of 7.5 MMTPA. HPCL also holds an equity...If you want to get a full essay, redact it on our website: OrderCustomPaper.com
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