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HPCL to partner Shapoorji Pallonji Group for LNG terminal

Last Updated: Wednesday, March 6, 2013, 17:40

State-owned Hindustan Petroleum Corp Ltd (HPCL) and Mumbai-based infrastructure major Shapoorji Pallonji plan to set up a terminal for import of liquid gas (LNG) on Gujarat coast at a cost of Rs 5,000 crore.

HPCL reports steep drop in net profit to Rs 147 crore

Last Updated: Tuesday, February 12, 2013, 20:33

State-owned Hindustan Petroleum Corp Ltd (HPCL) on Tuesday reported a steep drop in net profit for the quarter ended December 31, as refining margins shrunk and government did not compensate it fully for fuel losses.