Stock to Track: HPCL Visakh refinery project in advance stage, capacity reaches 15 million tonnes, say sources
Oil marketing PSU Hindustan Petroleum Corp's 'Visakh' refinery in Visakhapatnam is in an advanced stage of modernisation, with the commissioning expected in the next 2-3 months, according to sources.
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08:43 PM IST
Hindustan Petroleum Corporate Ltd shares are set to be in focus on Wednesday. State-run HPCL's 'Visakh' refinery in Visakhapatnam, Andhra Pradesh, is in an advanced stage of modernisation, sources told Zee Business. A slew of updates executed under the Visakh modernisation project have helped the refinery reach 15 million tonnes of crude oil processing capacity, they said.
The sources also said that emerging technologies like artificial intelligence (AI) and machine learning (ML) are being utilised to enhance the monitoring of the project.
The addition to its current estimated capacity is the result of a number of steps, including the addition of a new crude oil unit, hydrogen plants, a vacuum gas oil hydrocracker, and sulphur recovery plants.
India’s refining capacity has grown exponentially in the last decade
As of June 2025, the country’s refining capacity stands at more than 256.8 MMTPA, marking a significant increase from 215 MMTPA in 2014.
During this period, the PSU has expanded its capacity from 14.8 MMTPA to 24.5 MMTPA.
Part of the country’s pipeline network spanning more than 25,000 km, HPCL’s Visakh–Vijayawada–Secunderabad Pipeline (VVSPL) exemplifies this shift, minimising road traffic, carbon emissions, and cost inefficiencies, according to a statement.
A summary of India’s energy growth between 2014 and 2025
|
Sector/Area |
2014 |
2025 |
HPCL contribution |
|
|---|---|---|---|---|
|
Refining Capacity (MMTPA) |
215.07 |
256.8 |
14.8 → 24.5 MMTPA |
|
|
LPG Connections (Cr.) |
14.51 |
32.97 |
9.7 crore and out of these, PMUY connections are 2.75 crore |
|
|
CNG Stations (Nos.) |
738 |
7,720+ |
2048 CNG stations at HPCL retail outlets |
|
|
PNG Connections (Cr.) |
0.25 |
1.47 |
Expanded in 15 geographical areas |
|
|
Ethanol Blending (%) |
1.53% |
18.5% |
130 crore litres (2025) |
|
|
Natural Gas Pipelines (km) |
15,340 |
25,124 |
Participation in natural gas pipeline expansion through Joint Ventures |
|
|
LNG Terminal Capacity (MMTPA) |
22 |
52.7 |
5 MMTPA capacity LNG Terminal commissioned in 2025 at Chhara, Gujarat |
|
|
CGD Coverage – Population |
13.27% |
~100% |
Key partner in national rollout |
|
|
SDI Reach |
Initiated |
11+ SDIs Pan India |
SDI Visakh trained 24,000+ cumulatively |
|
HPCL share price news
On Tuesday, HPCL shares ended 0.8 per cent lower at Rs 405.1 apiece on BSE amid muted trade across Dalal Street. Read more on the June 10 trading session
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