HPCL contributed ₹45 crore CSR funds for Statue of Vallabhbhai Patel

HPCL contributed ₹45 crore CSR funds for Statue of Vallabhbhai Patel
State-owned Hindustan Petroleum Corporation Ltd (HPCL) has contributed total ₹45 crore during 2016-17 and 2018-19 financial years from their CSR funds for the Statue of Sardar Vallabhhai Patel.

The Statue of Unity, a 182 meters tall tribute to Indian freedom fighter Sardar Vallabhbhai Patel, was inaguarated on October 31, 2018 and is the world's tallets statue.

"HPCL has contributed ₹25 crore and ₹20 crore for 2016-17 and 2018-19, respectively, from their CSR funds for the Statue of Sardar Vallabhhai Patel," Minister of State for Petroleum and Natural Gas Rameshwar Teli said in a written reply to the Lok Sabha.

The CSR expenditure of the company was at ₹156.35 crore during 2020-21 fiscal, lower than ₹182.24 crore in the previous 2019-20 financial year, he said.

For the ongoing 2021-22 fiscal, the company has set ₹175.48 crore as CSR budget out of which ₹50.77 crore has been spent till October, 2021, he added.
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