HPCL says fire at Visakhapatnam refinery is under control, units undamaged
HPCL reports that a fire at a pitch storage tank at its Visakhapatnam refinery is controlled, with no damage to units and no casualties.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
State-run Hindustan Petroleum Corporation (HPCL) said a fire that broke out on Monday at its Visakhapatnam refinery is under control and has caused no damage to any units, according to Moody's. The blaze started at about 10 pm on November 2, 2026, in a storage tank holding pitch, a heavy residue left after fuels are separated from crude. The refinery's fire and safety team responded quickly with firefighting and emergency measures.
The company reported no casualties and said all refinery units are operating safely. HPCL also runs a 9.5 million tonne per year refinery in Mumbai, while the Visakhapatnam plant has a 15 million tonne annual capacity.
why it matters
The incident appears localised and, based on the available reports, does not affect refining operations, so market consequences are likely to be limited. Investors will mainly watch whether the plant keeps its current processing schedule.
tags
instruments
sources
- HPCL says fire at Visakhapatnam refinery controlled, no damage to units — Moody's, 2 November 2026 at 23:40 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗