106 zillion (2005) | |Employees: |11,088 | |Website: |http://hindustanpetroleum.com | HPCL was formed in 1974 on tribealization of ESSO India trading operations. The operations of Caltex were merged in 1976. Hindustan crude Corporation Limited instantly is the second largest integrated oil refining and marketing ships confederacy in India and besides a fortune 500 company with a turnover of Rs.646.89 billion (US$ 14,709 Millions). The Corporation has already been determine by the Government of India as a company which has the authority to become a world-wide giant. The company employs about 11,088 concourse and has a market corroborate 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 tax (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, unmatchable at Mumbai (West Coast) having a capableness of 5.5 (Million Metric Tonnes Per Annum) MMTPA and the other in Vishakapatnam (East Coast) with a capacity of 7.5 MMTPA. HPCL as well as holds an equity...If you want to get a full essay, order it on our website: Ordercustompaper.com
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