Projects by Hindustan Petroleum Corporation Limited in
Project Information
5010
Hindustan Petroleum Corporation Limited
Hindustan Petroleum Corporation has joined with Gas Authority of India to revive an ambitious 32,000-crore petrochemical project in Andhra Pradesh. The Petroleum, Chemicals and Petrochemicals Investment Region ( PCPIR) project could not take off for over six years as both the companies - HPCL and GMR Group - were plagued by troubles. Both HPCL and GMR were to set up a 15-million-tonne-per-annum refinery project each in Visakhapatnam and Kakinada. HPCL proposed a petrochemicals complex. While HPCL was looking for a consortium partner to take the project forward, GMR was held back by unfavorable macro-economic conditions.
Project Value
INR 32000 Crore /-
Pre Project Activities Underway
Andhra Pradesh
India
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