Business Standard

HPCL, Chevron ink ATF deal

Image

S RavindranHemangi Balse Mumbai
 Under the terms of the understanding, ChevronTexaco Global Aviation will help HPCL upgrade and overhaul its infrastructure and train manpower.

 HPCL has also renewed its focus on the supply of ATF by making it a strategic business unit.

 Incidentally, ChevronTexaco has also submitted an expression of interest for picking up the 34 per cent in HPCL being divested by the government.

 HPCL is expecting this alliance will result in more international airlines flying into India.

 The aviation arm of ChevronTexaco has agreed not only to upgrade the equipment, but also to train HPCL manpower by taking them to its various locations across the globe.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 08 2003 | 12:00 AM IST

Explore News