106 zillion (2005) | |Employees: |11,088 | |Website: |http://hindustanpetroleum.com | HPCL was make 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 merged oil elaboration and marketplaceing company in India and alike a fortune 500 company with a dis ord inate of Rs.646.89 billion (US$ 14,709 Milli! ons). The Corporation has already been identified by the political science 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 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 capacity of 7.5 MMTPA. HPCL also holds an equity...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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