HMEL Announces Rs 2,600 Crore Investment in Specialty Chemicals, Plans 500 Fuel Retail Outlets
HPCL-Mittal Energy Limited (HMEL) has announced plans to invest Rs 2,600 crore in the specialty and fine chemicals sector in Punjab, marking a significant step toward expanding its presence beyond conventional refining operations. The investment was revealed by industrialist Lakshmi Niwas Mittal during the Progressive Punjab Investors Summit 2026. Alongside the chemicals initiative, the company also plans to enter the retail fuel market with a network of 500 outlets across India. Tata Motors Secures Orders for Over 5,000 Buses from State Transport Corporations.
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