HPCL jumps nearly 1% on securing a partnership with Boeing

Hindustan Petroleum Corporation (HPCL) and Boeing have partnered for a sustainable aviation fuel ecosystem in the country. As part of this partnership, the two companies will explore opportunities to scale Sustainable Aviation Fuel (SAF) production in the domestic market, support the certification of domestically produced SAF, and advocate for policies to develop a robust SAF ecosystem in the country.

HPCL is actively working to commercialise SAF with a strong emphasis on its development and production.

This partnership with HPCL underscores Boeing's leadership and continued investments in SAF, including partnering with airlines, fuel companies, governments, and research institutions globally to expand SAF supply and reduce costs.

Hindustan Petroleum Corporation operates two major refineries that produce a wide variety of petroleum fuels and Specialties. The Company also owns and operates the largest lube refinery in the country, producing lube base oils of international standards.