OREANDA-NEWS. March 31, 2011. Hindustan Petroleum Corporation Limited has entered into the Memorandum of Understanding with the Ministry of Petroleum & Natural Gas for the financial year 2011-2012.

MoU was signed by Shri S..Roy Choudhury, C&MD of HPCL , and Shri S. Sundareshan Secretary, Ministry of Petroleum & Natural Gas, recently.

MoU targets are set as per DPE guidelines and approved by DPE/Task Force, in consultation with administrative Ministry. MoU is an effective tool for monitoring the performance of CPSEs.

Seen in the photo (from L to R): Dr. V.Vizia Saradhi, Director-HR of HPCL, Shri S. Roy Choudhury, C&MD of HPCL & Shri S. Sundareshan Secretary, Ministry of Petroleum & Natural Gas