<p>Vishakhapatnam: Hindustan Petroleum Corporation Limited (HPCL) targets to increase Visakh Refinery’s crude processing capacity to 18 million metric tonnes per annum (MMTPA) in the next 3 to 4 years from around 15 MMTPA recorded in the financial year ended March 2025, a senior company official said.</p>.<p>“We achieved 15 MMTPA last year, this year our target is 16 MMTPA. In the next 3-4 years our target is to increase it to 18 MMTPA,” R Ramakrishnan, Executive Director-Operations, at HPCL Visakh Refinery, told DH during a media tour of Visakh Refinery facilities located at Visakhapatnam, Andhra Pradesh. </p>.<p>He said the company’s target is to increase the capacity of Visakh Refinery to 20 MMTPA by 2031-32. One metric ton of crude oil equals 7.3 barrels.</p>.<p>The government-run HPCL runs two refineries – Visakh Refinery and Mumbai Refinery.</p>.Diageo mulls RCB stake sale days after Bengaluru stampede.<p>Ramakrishnan said the production capacity of HPCL’s Mumbai Refinery is around 10 MMTPA. “Because of land and other constraints there is hardly any scope to increase the capacity of the Mumbai refinery,” he said.</p>.<p>During the financial year 2024-25, HPCL’s total refinery throughput stood at 25.27 MMT, the highest ever. Out of this, 9.96 MMT was processed at Mumbai Refinery and 15.31 MMT at Visakh Refinery.</p>.<p>Apart from these two, HPCL is also involved in Mangalore Refinery through a joint venture. Oil and Natural Gas Corporation (ONGC) controls the majority 71.63% of equity stake in Mangalore Refinery and Petrochemicals Ltd (MRPL) while HPCL holds 16.96% stake. The production capacity of MRPL refinery, located at Mangalore in Karnataka, is 15 MMTPA.</p>.<p>HPCL also runs a refinery near Bathinda, in Punjab in joint venture with Mittal Energy. HPCL-Mittal Energy owns and operates Guru Gobind Singh Refinery, which has a capacity of 11.3 MMTPA.</p>.<p>India’s total refinery capacity stands at 258 MMTPA, out of which 61% is controlled by the government-run firms. Among the public sector firms, Indian Oil Corporation Limited has the largest refining capacity followed by HPCL. Prime Minister Narendra Modi government targets to increase the country’s total refining capacity to 450 MMTPA by 2030. </p>.<p>Ramakrishnan said boosting refining capacity is crucially important for the country’s energy security and exports. Though India is among the largest importer of crude oil, it is also a significant exporter of finished petroleum products.</p>
<p>Vishakhapatnam: Hindustan Petroleum Corporation Limited (HPCL) targets to increase Visakh Refinery’s crude processing capacity to 18 million metric tonnes per annum (MMTPA) in the next 3 to 4 years from around 15 MMTPA recorded in the financial year ended March 2025, a senior company official said.</p>.<p>“We achieved 15 MMTPA last year, this year our target is 16 MMTPA. In the next 3-4 years our target is to increase it to 18 MMTPA,” R Ramakrishnan, Executive Director-Operations, at HPCL Visakh Refinery, told DH during a media tour of Visakh Refinery facilities located at Visakhapatnam, Andhra Pradesh. </p>.<p>He said the company’s target is to increase the capacity of Visakh Refinery to 20 MMTPA by 2031-32. One metric ton of crude oil equals 7.3 barrels.</p>.<p>The government-run HPCL runs two refineries – Visakh Refinery and Mumbai Refinery.</p>.Diageo mulls RCB stake sale days after Bengaluru stampede.<p>Ramakrishnan said the production capacity of HPCL’s Mumbai Refinery is around 10 MMTPA. “Because of land and other constraints there is hardly any scope to increase the capacity of the Mumbai refinery,” he said.</p>.<p>During the financial year 2024-25, HPCL’s total refinery throughput stood at 25.27 MMT, the highest ever. Out of this, 9.96 MMT was processed at Mumbai Refinery and 15.31 MMT at Visakh Refinery.</p>.<p>Apart from these two, HPCL is also involved in Mangalore Refinery through a joint venture. Oil and Natural Gas Corporation (ONGC) controls the majority 71.63% of equity stake in Mangalore Refinery and Petrochemicals Ltd (MRPL) while HPCL holds 16.96% stake. The production capacity of MRPL refinery, located at Mangalore in Karnataka, is 15 MMTPA.</p>.<p>HPCL also runs a refinery near Bathinda, in Punjab in joint venture with Mittal Energy. HPCL-Mittal Energy owns and operates Guru Gobind Singh Refinery, which has a capacity of 11.3 MMTPA.</p>.<p>India’s total refinery capacity stands at 258 MMTPA, out of which 61% is controlled by the government-run firms. Among the public sector firms, Indian Oil Corporation Limited has the largest refining capacity followed by HPCL. Prime Minister Narendra Modi government targets to increase the country’s total refining capacity to 450 MMTPA by 2030. </p>.<p>Ramakrishnan said boosting refining capacity is crucially important for the country’s energy security and exports. Though India is among the largest importer of crude oil, it is also a significant exporter of finished petroleum products.</p>