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Tender Analysis of HPCL, IOCL, and OPAL
Founded in the year 1974, Hindustan Petroleum Corporation Limited is a state-owned Indian Oil and Gas company whose 51.11% shares are owned by ONGC (Oil and Gas Natural Corporation). Having a number of refineries in the country, the products which HPCL deals in are Petrol, Diesel, Lubricants, LPG, Aviation Turbine Fuel and Emulsions. Let us have an aerial perspective at the HPCL tenders in the graph header-of-section.
5 major takeaways from the analysis
HPCL floated a plethora of tenders in the past 10 months which in turn was beneficial for many vendors for growing their business. After analysing hundreds of tenders, we can infer the following: