HPCL stock in focus after fire erupts at Visakhapatnam refinery storage tank; no casualties reported

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hpcl visakh refinery fire

HPCL Visakhapatnam fire: Visakhapatnam Police Commissioner Shankabrata Bagchi confirmed that no casualties had been reported following the incident.

HPCL Visakhapatnam Refinery Fire, HPCL Share Price: Shares of state-owned Hindustan Petroleum Corporation Limited (HPCL) will be in focus on Tuesday, November 3, after a fire broke out at the company's Visakhapatnam refinery in Andhra Pradesh late Monday night.

The blaze, reported at around 10 PM in a pitch intermediate storage tank, was brought under control within a short time. HPCL confirmed that there were no casualties and all refinery units were operating safely.

Visuals circulating on social media showed towering flames accompanied by thick plumes of smoke illuminating the night sky over the port city.

What did HPCL say about the Visakhapatnam refinery fire?

In an official statement, HPCL said:

"A fire incident was reported at the pitch intermediate storage tank at Visakh Refinery of Hindustan Petroleum Corporation Limited (HPCL), at around 10 PM on November 2, 2026."

"Fire & Safety Team of Visakh Refinery promptly activated the firefighting and emergency response measures."

"The fire was localized to pitch tank area and was brought under control within a short time. There has been no casualties."

"All the Units of the Refinery are working safely."

"HPCL remains committed to the highest standards of safety and emergency preparedness."

Were there any casualties in the HPCL refinery fire?

Visakhapatnam Police Commissioner Shankabrata Bagchi confirmed that no casualties had been reported following the incident.

"A fire broke out in Vizag HPCL facility and there were no casualties," the police commissioner said.

What caused the fire at HPCL's Visakhapatnam refinery?

The exact cause of the incident is yet to be established. According to the police, the oil marketing company has not confirmed what triggered the blaze.

Further details regarding the circumstances surrounding the incident are awaited.

The oil stock closed at Rs 348, up 2.19 per cent from its previous closing, on NSE.

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Namit Singh Sengar is a Chief Copy Editor with over seven years of experience in delivering content across diverse domains. Specialising in business news across personal finance, real estate, IPOs and markets, Namit brings an editorial eye and a deep understanding of complex subjects to his work. His educational foundation includes Post Graduate Diploma in Journalism from the Indian Institute of Mass Communication (IIMC), Delhi, which has equipped him with the skills to craft compelling and accurate narratives. His interest also keeps him follow topics such as economy, politics and stand-up comedy. In his previous roles, Namit has covered brands, marketing and advertising as key writing beats. His expertise extends beyond the newsroom, as he has actively reported on and participated in numerous industry events, gaining insights into emerging trends and fostering connections within the field.

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