106 zillion (2005) | |Employees: |11,088 | |Website: |http://hindustanpetroleum.com | HPCL was formed in 1974 on state of matteralization of ESSO India trading operations. The operations of Caltex were merged in 1976. Hindustan vegetable oil Corporation Limited at present is the second largest integrated oil refining and marketing caller-up in India and besides a fortune 500 troupe with a turnover of Rs.646.89 nonpareil million million million (US$ 14,709 Millions). The Corporation has already been place by the Government of India as a company which has the authority to become a universal giant. The company employs about 11,088 wad and has a market nurture of US $2.73 billion as of 2005. It faces stiff competition from Bharat fossil oil and Indian Oil Corporation. It is a mega Public Sector childbed (PSU) with Navratna status. HPCL accounts for 20.9 % of the market share and 10.3% of the nations refining strength with two coastal refineries, one at Mumbai (West Coast) having a dominance of 5.5 (Million Metric Tonnes Per Annum) MMTPA and the other in Vishakapatnam (East Coast) with a capacity of 7.5 MMTPA. HPCL too holds an equity...If you want to get a full essay, order it on our website: Ordercustompaper.com
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