HPCL partners with Automin, secures long term contact from OPaL
OIL & GAS

HPCL partners with Automin, secures long term contact from OPaL

Hindustan Petroleum Corporation (HPCL) has formed a partnership with Automin Car Services, a subsidiary of Saudi Arabia's Petromin Corporation, to establish HP-Petromin Express vehicle service centres in India. This collaboration aims to deliver top-notch customer experiences at affordable prices by offering a comprehensive range of solutions in one convenient location. The services provided will include lube changes, light repairs, periodic maintenance, battery replacements, tire services, air conditioning repairs, and eco car wash facilities. In a regulatory filing, the company stated that these co-branded service centres will be situated at select HPCL retail outlets in major cities and metros across India.

Petromin, with its extensive presence, operates over 700 quick-service outlets throughout the Gulf region. Additionally, HPCL has recently entered into an agreement with ONGC Petro additions (OPaL) to supply natural gas to their petrochemical complex in Dahej, Gujarat. Under this contract, HPCL will provide OPaL with 13.53 trillion British thermal units (btu) of natural gas between October 23 and May 26. OPaL is a joint venture involving the Oil and Natural Gas Corporation (ONGC), Gas Authority of India (GAIL), and Gujarat State Petroleum Corporation (GSPC).

Emphasising its focus on the natural gas business, HPCL expressed its ambitious plans to establish a strong presence in sectors such as petrochemicals and fertilisers. The Mumbai-based company aims to expand its foothold in these industries. In the last quarter ending on March 31, HPCL achieved the highest net profit increase in nine years, with profits surging by 80 per cent to reach Rs 32.23 billion compared to Rs 17.95 billion in the same quarter of the previous year. The company also witnessed a growth of approximately 8.6 per cent in product sales, amounting to Rs 1.14 trillion, while domestic sales rose to 10.92 million metric tonnes (MMT) from 10.26 MMT in the previous year.

Hindustan Petroleum Corporation (HPCL) has formed a partnership with Automin Car Services, a subsidiary of Saudi Arabia's Petromin Corporation, to establish HP-Petromin Express vehicle service centres in India. This collaboration aims to deliver top-notch customer experiences at affordable prices by offering a comprehensive range of solutions in one convenient location. The services provided will include lube changes, light repairs, periodic maintenance, battery replacements, tire services, air conditioning repairs, and eco car wash facilities. In a regulatory filing, the company stated that these co-branded service centres will be situated at select HPCL retail outlets in major cities and metros across India.Petromin, with its extensive presence, operates over 700 quick-service outlets throughout the Gulf region. Additionally, HPCL has recently entered into an agreement with ONGC Petro additions (OPaL) to supply natural gas to their petrochemical complex in Dahej, Gujarat. Under this contract, HPCL will provide OPaL with 13.53 trillion British thermal units (btu) of natural gas between October 23 and May 26. OPaL is a joint venture involving the Oil and Natural Gas Corporation (ONGC), Gas Authority of India (GAIL), and Gujarat State Petroleum Corporation (GSPC).Emphasising its focus on the natural gas business, HPCL expressed its ambitious plans to establish a strong presence in sectors such as petrochemicals and fertilisers. The Mumbai-based company aims to expand its foothold in these industries. In the last quarter ending on March 31, HPCL achieved the highest net profit increase in nine years, with profits surging by 80 per cent to reach Rs 32.23 billion compared to Rs 17.95 billion in the same quarter of the previous year. The company also witnessed a growth of approximately 8.6 per cent in product sales, amounting to Rs 1.14 trillion, while domestic sales rose to 10.92 million metric tonnes (MMT) from 10.26 MMT in the previous year.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code