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HPCL-Mittal Energy Limited (HMEL) is a joint venture between Hindustan Petroleum Corporation Limited (HPCL) and Mittal Energy Investment Pte Ltd, Singapore, a Lakshmi N Mittal Company. HMEL owns and operates the Guru Gobind Singh Refinery (GGSR) of 11.3 MMTPA capacity at Bathinda, Punjab. HMEL’s wholly owned subsidiary, HPCL-Mittal Pipelines Limited (HMPL), owns and operates a Single Point Mooring (SPM), Crude Oil Terminal (COT) and 1017 km cross country pipeline for transportation of the crude from Mundra, Gujarat to the refinery at Bathinda.
Guru Gobind Singh Refinery is an energy efficient, environment-friendly, high distillate yielding complex refinery that been designed to produce high value added petroleum products meeting the deficit of petroleum products in North India.
At HMEL, we recognize that our people are our greatest strength and provide us strategic advantage in today’s competitive scenario. We nurture talent and provide ample opportunities for personal and professional enrichment in a performance culture driven with transparency, openness, empowerment and ownership.
Guru Gobind Singh Refinery is an energy efficient, environment-friendly, high distillate yielding complex refinery that been designed to produce high value added petroleum products meeting the deficit of petroleum products in North India.
At HMEL, we recognize that our people are our greatest strength and provide us strategic advantage in today’s competitive scenario. We nurture talent and provide ample opportunities for personal and professional enrichment in a performance culture driven with transparency, openness, empowerment and ownership.
Overview
Location
India
Employees
1001-5000
Total raised
$301.34K
Founded date
2007
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 3
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| Oct 23, 2025 | China and India to face supply jolt as U.S. targets Russia’s oil giants | Rosneft and Lukoil together account for roughly half of Russia’s more than 4 million barrels a day of crude exports. These are volumes that have found steady homes in Asian markets since the West imposed a $60 price cap in late 2022. U.S. d... |
| Sep 21, 2012 | IFC to part finance $480M oil refinery expansion project of HPCL Mittal Energy | IFC will part finance the oil refinery expansion project of HPCL Mittal Energy Ltd, a joint venture between PSU oil company HPCL and global steel magnate LN Mittal. The private sector investment arm of the World Bank will come in with loans... |
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FAQ about HMEL
When was HMEL founded?
HMEL was founded in 2007.
How much funding has HMEL raised?
HMEL has raised $301.34K in total across 1 funding round.
What has the press written about HMEL?
Parsers VC has collected 3 articles mentioning HMEL, among them “China and India to face supply jolt as U.S. targets Russia’s oil giants” (Oct 23, 2025) and “IFC to part finance $480M oil refinery expansion project of HPCL Mittal Energy” (Sep 21, 2012).
Is HMEL still active?
Yes, HMEL is active; its latest activity on Parsers VC dates from Dec 23, 2025.