Joint venture
HPCL-Mittal Energy (Bathinda) · HMEL
Single-site 11.3 MMTPA refiner + petrochem integrated complex at Bathinda, Punjab. HPCL + Mittal Energy JV.
Shareholding (FY25 AR)
- Promoter
- 98.0%
- Other public
- 2.0%
HPCL 48.99% + Mittal Energy Investments (LN Mittal) 48.99%.
Major assets
- Bathinda refinery — 11.3 MMTPA
- Guru Gobind Singh Polymers Addition Project (GGSPAP) — PE + PP + MEG
- Mundra–Bathinda crude pipeline connection (from HPCL SPM)
Operations snapshot
- Refining capacity
- 11.3 MMTPA
- Nelson complexity
- 12.6 (one of India's highest)
- Petchem capacity
- 1.2 MMTPA polymers
Major projects
Under construction
Petrochem expansion — new PE/PP lines at Bathinda
target FY27