HPCL invests Rs 27 crore in 28 Startups: Minister of Union

New -delhi, May 17 (IANS) Union Petroleum and Minister of Natural Gas, Hardep Singh Puri, said on Saturday that Hindustan Petroleum Corporation Limited (HPCL) promoted the Indian startup ecosystem and so far invested Rs 27 crore to empower 28 Startups. HPCL’s ‘Origin’ initiative has so far increased Rs 35 crore to support startups in the field of clean and green energy. Puri wrote in a post on a social media platform ‘X’, ‘India’s Energy takes shape through future innovation. HPCL’s ‘Origin’ Pahal reinforces green hydrogen and ethanol, smart LPG cylinders and emission control, iOT solutions and cashless technology and cashless technology and carbon uptake and carbon uptake and carbon recording and Carbon Capture. “The Union Minister further said:” HPCL’s ‘Ord’ initiative raised a fund of Rs 35 crore. 28 Startups are supported by investing Rs 27 crore. HPCL helps to create a clean, self -sufficient energy economy. “Union Minister Narendra Modi’s Initial Initiative resigned in his post, saying that it promotes innovation across the country. oil pits and the design of wireless robots for multidisciplinary oil and gas that work with a 15 starting fund of Rs 50 crore. New doors of work. “Puri said in a separate X-mail that HPCL recorded an independent net profit of Rs 3.355 crore for the January March of FY 2024-25, showing an 18 percent increase from the same figure of this quarter of 2023-24. The company plans to increase the capacity of its visual oil refinery in South India by 20 percent to meet the growing local fuel demand.

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