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Hindustan Petroleum Corporation Limited company history timeline

1979

Kosan Gas Company was merged with HPCL in 1979 by the Kosangas Company Acquisition Act, 1979.

1992

1992 HPCL becomes the first PSE to be listed on BSE

1997

1997 HPCL Conferred with a Navratna status

2002

The company completed the Rs 378 crore pipeline project from Vijayawada to Secunderabad which was commissioned on March 2002.

2004

The company implemented 15 company tank trucks in the year 2004.During the year 2004-05 the company completed their construction of a new grassroot depot at Aonla Bareilly in Uttar Pradesh with total cost of Rs 10.25 crore.

2010

Mumbai Refinery was the First Indian PSU refinery to commence BS-IV MS production facilities and first batch of BS-IV MS was rolled out in January 2010.

2011

In April 2011 the company approved the acquisition of balance 50% shares held by other joint venture partners in Prize Petroleum Company Ltd.

2013

The company has been bestowed with the Golden Peacock Award for Excellence in Corporate Governance for the year 2013 by Institute of Directors.

During FY 2013-14, its net profit was ₹1740 crores.

2016

HPCL commissioned Mangalore-Hassan-Mysore-Solur LPG pipeline (356 km) in October 2016 with a cost of nearly Rs 838 crore and ahead of scheduled time of completion.

2017

The company intends to use all of the proceeds of the issue to fund capital expenditure for its ongoing and future domestic projects in accordance with the ECB Guidelines of India.During 2017-18 three new ASFs at Srinagar Tirupati and Patna were commissioned.

2018

2018 Work Commencement for 9 MMTPA HRRL Refinery cum Petrochemical complex at Barmer (JV)

2020

Recorded highest ever Profit after Tax (PAT) of Rs 10,664 Crore during the Financial Year 2020-21, crossing the Rs 10K crore mark for the first time

2021

At 1.79 million, demat accounts opened in June fewest since Feb 2021

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Founded
1974
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Hindustan Petroleum Corporation Limited history FAQs

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