Sustainability Focus HMEL is advancing green energy initiatives, including second-generation biofuels and a renewable energy partnership with NTPC Green Energy, presenting sales opportunities in biofuel technologies, green hydrogen derivatives, and associated EPC and consulting services.

Expansion Opportunities The Bathinda refinery is undergoing a Rs 2,600 crore expansion to add polypropylene downstream units and fine chemical projects, indicating demand for catalysts, polypropylene processing equipment, downstream polymer facilities, chemicals licenses, and EPC services.

Integrated Infrastructure HMEL's large asset base including an 11.3 MMTPA refinery, a 1.2 MMTPA cracker, 1.2 MMTPA PE and 1.0 MMTPA PP, plus a 1017 km crude pipeline, signals needs for refinery and petrochemical equipment, catalysts, pipeline integrity services, safety systems, and digital operation tools.

Strategic Collaborations Active partnerships with IIT Kanpur for research and with NTPC Green Energy for renewable power create opportunities for joint development, technology licensing, pilot tests of sustainable solutions, and collaboration on green hydrogen and related projects.

Growth Potential With revenue in the mid hundreds of millions and ongoing expansion plans, HMEL offers long term EPC, maintenance, process optimization, safety solutions, and training services opportunities to expand across refining and petrochemicals and allied green energy segments.