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Oil Ministry clarifies over HPCL promoter classification category
Aug. 10, 2018

Oil Ministry clarifies over HPCL promoter classification

Clearing the confusion over HPCL promoter classification issue, Oil Minister Dharmendra Pradhan said that Oil and Natural Gas Corporation (ONGC) is the promoter of the state-run refiner. Replying to a question posed by media Pradhan informed at a press conference “Today it is ONGC. Do not get into the technicalities of it.” Earlier this year, ONGC bought a 51.1 percent stake in HPCL for Rs 37,000 crore.

   Read More About : HPCL India ONGC Refinery Oil and Gas
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