Petronet MHB Limited

Petronet MHB Limited It was a Joint Venture promoted by M/s Petronet India Ltd., and M/s Hindustan Petroleum Corp. Ltd. with 26% equity by each company. M/s Hindustan Petroleum Corp.

M/s Petronet MHB Limited (PMHBL) was incorporated on 31.07.1998 on common carrier principle to provide petroleum product transportation facility from Mangalore Refinery at Mangalore to the Oil Marketing Company Terminals at Hassan & Devangonthi (Bangalore). After PMHBL underwent corporate debt restructuring in 2006, HPCL & ONGC are holding 29% equity each, consortium of nationalised banks is holdi

ng 34% equity and Petronet India Ltd. is holding 8% equity in the Company. were the Project Management Consultants (PMC) and M/s. Engineers India Ltd. (EIL) were the back-up consultants to HPCL (PMC) for the implementation of the entire project . This project consists of 4 main Stations, 10 Sectionalising valve stations, 1 Intermediate Pigging Station and 362.373 KMS long 20"/24" dia pipeline which passes through 238 villages / 17 Taluks / 8 districts in Karnataka and designed for transportation of petroleum products viz. Petrol, Diesel, Kerosene, Naphtha, Aviation Fuel for catering to the requirement of different consumption zones in Karnataka viz. Hassan, Mysore, Mandya, Tumkur, Chikmagalur, Chitradurga, Shimoga, Bangalore, Kolar, Bellary and Raichur. Provisional authorization for laying, building, operating or expanding PMHBL multi product pipeline under regulation 17(1) of the Petroleum and Natural Gas Regulatory Board( Authorizing entities to lay, Build, Operate or expand petroleum and petroleum product pipelines) regulations, 2010 has been obtained from PNGRB.

Address

N0.332, 1st Floor Darus Salam Building,Queens Road
Bangalore
560052

Alerts

Be the first to know and let us send you an email when Petronet MHB Limited posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Share