HMEL Announces Rs 2,600 Crore Investment in Punjab's Chemicals Sector

HPCL-Mittal Energy Limited (HMEL) announced a Rs 2,600 crore investment in Punjab's speciality and fine chemicals sector during the Progressive Punjab Investors Summit 2026. Executive chairman Lakshmi Niwas Mittal highlighted the expansion of the Guru Gobind Singh refinery in Bathinda, which has received Rs 60,000 crore in investments and increased capacity to 13.5 million metric tonnes. HMEL also plans to enter the retail fuel sector with 500 outlets nationwide. The Bathinda refinery supplies energy to Punjab and neighboring states, supporting regional economic development.