The KSP was inaugurated by the Commanding Officer, Indian Army and Border Roads despite temperature being a minus 15 Degree Celsius.
State-owned Hindustan Petroleum Corp Ltd ( HPCL ) has opened a petrol pump at world's highest motorable road in Leh to make available fuel to the remotest part of Jammu and Kashmir.
HPCL inaugurated a Kerb Side Pump (KSP) at a height of 15,300 feet at South Pullu on Leh-Khardungla road, which is the world's highest motorable road.
"This may be the highest petroleum dispensing facility ever installed anywhere in the world," the company said in a statement here.
The KSP was inaugurated by the Commanding Officer, Indian Army and Border Roads despite temperature being a minus 15 Degree Celsius.
HPCL's Chandigarh Direct Sales Regional Office services a major share of the Army and Border Roads business and was assigned with the task of installation of 125 KSPs, mostly in challenging terrains.
"While 60 KSPs have been completed, work on the balance locations is progressing fast," the statement added.
HPCL stock price
On December 10, 2014, Hindustan Petroleum Corporation closed at Rs 548.90, down Rs 2.3, or 0.42 percent. The 52-week high of the share was Rs 617.55 and the 52-week low was Rs 211.95.
The company's trailing 12-month (TTM) EPS was at Rs 111.38 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 4.93. The latest book value of the company is Rs 443.31 per share. At current value, the price-to-book value of the company is 1.24.
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