HPCL-Mittal Energy (HMEL), a joint venture of Hindustan Petroleum Corporation (HPCL) and Singapore’s Mittal Energy, has opened the $4bn Guru Gobind Singh Refinery (GGSR) at Bathinda in Punjab, India.
HPCL and Mittal Energy each hold a 49% stake in the refinery, while the remaining 2% is held by Indian financial institutions.
S. Roy Choudhury, HMEL chairman, said: "This refinery will help in meeting the growing Indian hydrocarbon demand and more particularly help in bridging the large demand-supply mismatch of petroleum products faced in the northern region of the country."
The GGSR refinery, with a capacity of 9 million metric tons per annum, features a crude oil terminal, a captive power plant with a capacity of 165MW and a petrochemical unit producing polypropylene.
The facility also comprises a 1,017km cross country pipeline that will carry oil from Mundra to Bathinda and has been built through Gujarat, Rajasthan and Haryana, connecting various intermediate pumping stations.
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By GlobalDataConstruction of the refinery began in 2008, and the facility started refining crude oil in August 2011, with the first sales of kerosene and petroleum coke in February 2012.
Image: The refinery has a capacity of nine million tons. Photo courtesy of: HPCL-Mittal Energy.
