HPCL Biofuels Limited

HPCL BioFuels Limited


HPCL Biofuels Limited (HBL) was incorporated in October, 2009 as a wholly-owned subsidiary of HPCL for handling the Integrated Sugar Ethanol Co-gen Plants at Sugauli & Lauriya. For giving a thrust to the Ethanol Blending Program (EBP) announced by the Ministry of Petroleum and Natural Gas (MoPNG), Hindustan Petroleum Corporation Limited (HPCL) was looking for a backward integration opportunity to reduce its dependence for ethanol.

HBL was to set up integrated Sugar, Ethanol & Co-gen power plants by reviving two closed Sugar Mills namely, Sugauli & Lauriya in the state of Bihar.


Industry: Energy & Mining

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