HPCL to run bitumen unit at HMEL refinery in Bathinda
Hindustan Petroleum Corporation Ltd (HPCL) has signed a long-term agreement with HPCLMittal Energy Ltd (HMEL) to operate and maintain its newly-commissioned bitumen terminal. HMEL — a joint venture between HPCL and Mittal Energy Investments Pte Ltd — runs a 9 million tonne per annum (mtpa) capacity refinery in Bathinda.
HMEL recently set up a Bitumen
Blowing Unit (BBU) of capacity 62.5 TPH or 550 TMTPA of different grades of Bitumen at its Guru Gobind Singh Refinery. For storing, handling and dispatching the prod- uct, HMEL has set up a marketing terminal to be handled by HPCL.
HPCL separately has a longterm product off-take agreement with HMEL for its entire produc- tion. Both agreements put together would give HPCL 550 TMT of Bitumen in the northern region.