HPCL to invest ₹45k cr by 2020 in expansion
State-owned Hindustan Petroleum Corp Ltd (HPCL) on Monday said that it plans to invest ₹45,000 crore by 2020 in expansion of its Mumbai and Visakhapatnam refineries along with augmenting its marketing infrastructure. The investments would also be used in natural gas business, upstream oil exploration and to produce products conforming to Euro V/VI specifications, among other initiatives, it added.