Hindustan Petroleum Corporation Limited (HPCL) has strengthened its financial outlook, aiming to bring its debt-to-equity ratio below 1 by the end of FY26, following a sharp reduction in total borrowings during the first half of the fiscal year. “As of March 31, 2025, our total debt stood at Rs. 63,323 crore, with a debt-equity ratio […]
Vikas Kaushal named CMD of Hindustan Petroleum Corporation Limited (HPCL)
EIL and HPCL forge strategic partnership
Engineers India Limited (EIL) and Hindustan Petroleum Corporation Limited (HPCL) inked a Memorandum of Agreement (MoA) on February 13, 2025, during the India Energy Week 2025 conference in New Delhi. Ms. Vartika Shukla, CMD of EIL, and Rajneesh Narang, CMD (Additional Charge) and Director (Finance) of HPCL, presided over the signing. This MoA establishes a […]
HPCL Commissions India’s First High-Efficiency Solid Oxide Electrolyser for Green Hydrogen Production
Mumbai: Hindustan Petroleum Corporation Ltd. (HPCL) has achieved a major milestone by commissioning India’s first Solid Oxide-based Electrolyser (SOE) at its HP Green R&D Centre in Bengaluru. This pioneering pilot-scale electrolyzer is designed to generate Green Hydrogen (GH2) with an exceptional purity of 99.99%, marking a significant advancement in green hydrogen technology. The innovative SOE […]