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 (HMEL) refinery — 11.3 MMTPA
  • Guru Gobind Singh Polymers Addition Project (GGSPAP) — PE + PP + MEG
  • Mundra–Bathinda crude pipeline connection (from HPCL SPM)

Asset summaries retain their stated effective date. Open the relevant atlas record for its source, capacity basis, and route scope.

Operations snapshot

Refining capacity
11.3 MMTPA (2026-04-01)
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

Unlisted – no live price feed. Financials from the company's own investor pages / annual report PDFs. Shareholding patterns rounded; cross-check BSE filings for decision-grade use. This page is informational, not investment advice.