HPCL-MITTAL ENERGY LIMITED (HMEL) is a joint venture betwwen Hindustan Petroleum Corporation Limited (A Fortune 500 & Forbes Global 2000 Oil Refining Company in India) & Mittal Energy Investments Pte. Ltd., Singapore (A lakshmi N Mittal Group Company). Both the JV Partners hold a stake of 49% each in the company and remaining 2% is held by financial institutions. The joint venture partners bring more than four decades of experience in the oil refining induatry and expertise in the global industry to the table.