{"id":331509,"date":"2020-01-30T11:46:05","date_gmt":"2020-01-30T06:16:05","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=331509"},"modified":"2020-01-30T12:00:52","modified_gmt":"2020-01-30T06:30:52","slug":"hpcl-nearly-uses-entire-fy20-capex-in-just-nine-months","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hpcl-nearly-uses-entire-fy20-capex-in-just-nine-months\/","title":{"rendered":"HPCL nearly uses entire FY20 capex in just nine months"},"content":{"rendered":"<p>NEW DELHI: Hindustan PetroleumNSE -1.57 % Corporation Limited (HPCL) almost exhausted its entire planned capital expenditure for this financial year in the first nine months, much faster than the average 67% for all state-run oil companies during April-December 2019. <\/p>\n<p>HPCL has a target to spend Rs 9,500 crore in 2019-20 on a range of projects from upgrading its existing refineries in Mumbai and Vizag to setting up a new refinery-cum-petrochemical complex in Rajasthan, adding fuel pipelines and marketing infrastructure. The company has been quick on project execution, spending Rs 9,239 crore by the end of December, about 97% of the annual target.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Hindustan PetroleumNSE -1.57 % Corporation Limited (HPCL) almost exhausted its entire planned capital expenditure for this financial year in the first nine months, much faster than the average 67% for all state-run oil companies during April-December 2019. HPCL has a target to spend Rs 9,500 crore in 2019-20 on a range of projects from upgrading its existing refineries in Mumbai and Vizag to setting up a new refinery-cum-petrochemical complex in Rajasthan, adding fuel pipelines and marketing infrastructure. The company has been quick on project execution, spending Rs 9,239 crore by the end of December, about 97% of the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-331509","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/331509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=331509"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/331509\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=331509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=331509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=331509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}