Hindustan Petroleum Corporation Limited has informed the Exchange regarding a press release dated January 30, 2026, titled "HPCL Partners with Maraal Aerospace to Power India s Next-Generation Clean-Energy UAV Platforms during IEW 2026 at Goa".
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HPCL has announced a partnership with Maraal Aerospace to develop next-generation clean-energy UAV (drone) platforms, unveiled at India Energy Week 2026 held in Goa on January 30, 2026. The collaboration aims to leverage HPCL's energy expertise and Maraal Aerospace's capabilities in unmanned aerial vehicles. This marks HPCL's strategic entry into the clean-energy UAV segment. The announcement was shared with the exchange via a press release.
This is a strategic diversification move into clean-energy UAVs for HPCL, signaling alignment with India's growing drone and clean-energy sectors, though near-term financial impact on shareholders is likely limited as it's an early-stage partnership.