HP Power Lab

Welcome to the HP Power Lab—where creativity meets innovation! This competition is all about powering up your ideas to shape a brighter future for India. With the tagline "Ideas for a Viksit Bharat," HP Power Lab challenges you to bring your boldest, most creative concepts to the table, aiming to create impactful solutions that can transform lives and drive India's progress.

In this competition, we aim to gather focused, actionable ideas that align with HPCL’s vision of energy innovation and sustainability. Each theme targets specific challenges and opportunities in the energy sector, and we encourage participants to submit ideas that offer practical solutions tailored to HPCL’s industry focus.

1. Technological Innovation - Next-Gen Solutions for Energy Efficiency
2. Energizing Rural India – Strengthening Fuel Infrastructure for Rural Development
3. Green Energy - Renewables Shaping the Energy Landscape
4. Sustainability - Practices in energy operations for reducing environmental impact
5. Energy Equity and Inclusion – Expanding Access to Affordable Fuel for Marginalized Communities

Detailed problem statements for the themes & their respective deliverables can be found in the Download Attachments section below.

Eligibility Criteria:

• Undergraduate/postgraduate students pursuing a full-time degree are eligible to participate.
• The participants can either register as individuals or compete in teams of 1-4.
• One person cannot be a part of more than one team.

Team Formulation Guidelines:

• Participants must ensure that they choose a name for their team.
• It is the team leader’s responsibility to ensure that all the team members are eligible to participate in the contest.
• Violation of the eligibility criteria or team constitution will automatically disqualify the team.
• HPCL reserves the right to check the validity of the registration information submitted at any point in time.
• Modification of team members post-registration will not be allowed.
• Cross-college teams are allowed.
• Cross-year and cross-specialisation teams are allowed.

Stages:

Round 1: Online Assessment

• The online assessment window will be open for 12 hours.
• Each team will face 45 questions in 30 minutes that test their knowledge in areas like Data Interpretation (DI), Analytics, Verbal Ability, and Quantitative Skills, as well as specialized questions related to HPCL and the Oil and Gas industry.
• Points will be awarded based on both accuracy and speed, so answering quickly and correctly is key.
• The final score will be calculated as an average of all team members' performances, meaning every member's participation is crucial.

Round 2: Executive Summary & Prototype Submission

• This round emphasizes brainstorming, where team members collaborate to develop an executive case summary that broadly outlines their proposed strategy.
• Shortlisted teams from the online assessment round will be provided with 5 themes. Teams can choose up to two themes to submit their solutions.
• For each selected theme, teams must submit a 2-slider PowerPoint presentation that outlines their solution, adhering to the submission template provided to ensure all required elements are included.
• Teams are required to adhere to the submission template which can be downloaded from the "Download attachments" sections below.
• Teams also have the option to create a 2-minute pitch video that showcases their idea in a concise, engaging format.
• Preferred video submission methods include an unlisted YouTube video URL, shareable Google Drive link, WeTransfer link, or any other easily accessible format.
• A dedicated webinar will be hosted where industry leaders will present the case briefs and directly answer any questions participants may have.

Round 3: Detailed Presentation Submission

• Each team will submit a comprehensive 7-slide PowerPoint presentation outlining their solution in detail.

Round 4: Virtual Semi-Finale

• Shortlisted teams from the detailed presentation round will have the opportunity to present their innovative solutions directly to the esteemed HPCL jury.
• Following the presentation, teams will engage in a dynamic Q&A session with the jury.

Round 5: Grand Conclave

• Before the grand conclave, shortlisted teams will participate in a mentorship round where HPCL leaders will provide guidance and insights to help refine and strengthen their solutions.
• The top teams from the virtual semi-final will be invited to present their solutions in person to the esteemed jury. 
• After the presentations, the jury will evaluate each team's solution based on creativity, feasibility, and impact. The top 3 teams will be announced, marking the culmination of this exciting journey.

Win Cash Prizes of Up to ₹9.75 Lakh!

• The top-performing teams of each track will receive ₹50,000 each!
• Winner: Up to ₹1,50,000
• 1st Runner-up: Up to ₹1,25,000
• 2nd Runner-up: Up to ₹1,00,000
• 20 finalists stand a chance to win exclusive Summer Internship opportunities at HPCL.
• Participation Certificates will be awarded to all the participating teams in round 1.

Let’s harness the power of your creativity to build a developed India, one innovative idea at a time!