- FOCUS ON RENEWABLE ENERGY
STATE-OWNED HINDUSTAN PETROLEUM Corporation Ltd (HPCL) plans to spend ₹75,000 crore in expansion and diversification in the next five years, with an annual expenditure of around ₹14,000-₹15,000 crore, the company said on Tuesday. "Around 25-30% of the capex will be for the renewable or gas-based segment, refinery would take another 20% and balance would be for other downstream marketing projects," said Rajneesh Narang, company's director of finance.
This story is from the November 08, 2023 edition of Financial Express Mumbai.
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This story is from the November 08, 2023 edition of Financial Express Mumbai.
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