Convergence Energy Services Ltd (CESL) has signed an agreement with Hindustan Petroleum Corporation Ltd (HPCL) for setting up charging infrastructure in selected retail outlets at several cities across the country. Spanning 10 years, the agreement entails CESL and HPCL to jointly undertake setting up of EV charging points in Mumbai, Delhi NCR, Bengaluru, Hyderabad, Chennai, […]
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HPCL acquires balance 50 per cent stake in Chhara LNG Terminal
Hindustan Petroleum Corporation Limited (HPCL) has acquired the balance 50 percent equity stake in HPCL Shapoorji Energy Private Limited (HSEPL) from SP Ports Private limited company. Post acquisition, HPCL’s stake in HSEPL gets enhanced to 100 percent, making HSEPL a wholly-owned subsidiary of HPCL. HSEPL is constructing a five million tonnes per annum (MTPA) LNG terminal (with provision for […]