HPCL signs four impactful MOUs during IEW - 2024

HPCL signs four impactful MOUs during IEW - 2024

New Delhi: Hindustan Petroleum Corporation has signed four Memorandum of Understanding during a truly global gathering India Energy Week 2024 held in Goa.

1. HPCL has entered into an MOU with M/s StepOne Tech Limited, a Finland based company, envisioning the retrofitting of old vehicles with a eflexFuel Kits for compatibility with up to 85% ethanol-blended petrol.
2. HPCL signed MoU with Defence Institute of Bio-Energy Research (DIBER) for collaborative research activities for production of Sustainable Aviation Fuel from Camelina Sativa. The goal is to achieve a 75% reduction in carbon emissions compared to standard ATF.

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3. HPCL partners with M/s KOKO Networks to explore ethanol cooking technology in India. KOKO, with its world's largest ethanol cook stove factory in Gujarat, manufactures stoves running on bioethanol fuel.
4. HMEL signed MoU with HPCL to market MS & HSD for retail and bulk marketing, with a focus on setting up retail outlets.

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