HMEL to invest Rs 2600 crore more in Punjab Cabinet Minister Sanjeev Arora gave good news

Chandigarh:- Punjab Government's Minister for Industry and Commerce, Investment Promotion, Power and NRI Affairs Sanjeev Arora today highlighted the significant industrial contribution and future expansion plans of HPCL-Mittal Energy Limited (HMEL) so that under the visionary leadership of National Convener Arvind Kejriwal and Punjab Chief Minister Sardar Bhagwant Singh Mann, the state government's commitment to support large-scale investments and strengthen the industrial environment of Punjab.
HMEL Managing Director and CEO Prabh Das said that we are going to invest in a refinery and petrochemical complex in Bathinda. We produce fuels like petrol, diesel, LPG, ATF as well as polymers including polyethylene and polypropylene.
During the construction and operation of this huge complex, we received full support from the people of Punjab as well as the government. So far, neither the construction nor the operation has been affected for a single day in the last so many years. Such a comfortable environment is mainly due to the proactive policies of the Punjab government and ease of doing business.
We are fortunate to have a visionary leader, Sanjeev Arora, who has a dynamic, reform-oriented, developmental mindset. He said that under the dynamic leadership of Sanjeev Arora, the industrial development of Punjab will create new opportunities for the entrepreneurs, industries and youth of the state.
Sanjeev Arora said that HMEL is the culmination of a historic public-private partnership between Hindustan Petroleum Corporation Limited (HPCL) - a Navratna and Fortune 500 PSU - and Mittal Energy Investment Private Limited, Singapore (Lakshmi N Mittal Group) and has emerged as one of the most significant industrial successes of Punjab. He assured that the company will get full government support for the expansion of its plant in Punjab.
He said that HMEL's refinery and integrated petrochemical complex, spread over about 2,000 acres at village Phullokheri in tehsil Talwandi Sabo of district Bathinda, had started refinery operations in 2011. While the petrochemical facility is expected to significantly increase value addition and downstream industrial activities in the state by the year 2023.
The Minister also emphasized that HMEL currently has an annual turnover of about Rs 90,000 crore and contributes about Rs 2,100 crore annually to the state exchequer in the form of taxes, which indicates its important role in the economy of Punjab. The project directly and indirectly employs about 10,000 persons, making it one of the largest industrial employers in Punjab.
He further informed that HMEL produces a significant quantity of LPG, petrol and diesel, which plays a significant role in meeting the fuel requirements of North India. Besides, HMEL is the second largest producer of polymers in India, meeting about 14 percent of the country’s total polymer demand.
Citing recent developments, Sanjeev Arora said that through its 100 per cent subsidiary HMEL Organic Private Limited (HOPL), a bio-ethanol plant adjacent to the existing refinery was commissioned in 2024. Building on this, HOPL has proposed a progressive integration project in fine chemicals, involving a phased investment of over Rs 2,600 crore.
The proposed expansion is expected to generate around 500 additional direct and indirect employment opportunities, resulting in an additional annual turnover of around Rs 2,400 crore and has strong export potential, thereby promoting Punjab as a hub for petrochemicals and value-added manufacturing.
Reiterating the government’s industry-friendly approach, Sanjeev Arora said that the Punjab government is fully committed to facilitating such large-scale investments through progressive policies, time-bound approvals, and an investor-centric environment to ensure sustained industrial growth and employment generation in the state. Prabh Das, Managing Director and CEO, HMEL, Sanjeev Malhotra, Vice President, HMEL, Vishwa Bandhu, Chief State Coordinator, HMEL, Seema Bansal, Vice Chairperson, Punjab Development Commission and Amit Dhaka, IAS, CEO, Punjab Invest were present during the press conference.