Live
- Drug abuse alarming among children in Kadapa: MLA Madhavi Reddy
- Irregularities in garbage tax collection to be probed
- US DoJ Charges Adani Group Over False Statements and Bribery Allegations, Shares and Bonds Drop
- Gold rates in Hyderabad today surges, check the rates on 22 November, 2024
- Are strict laws needed to ensure MLAs attend Assembly sessions?
- Gold rates in Vijayawada today surges, check the rates on 22 November, 2024
- Gold rates in Visakhapatnam today surges, check the rates on 22 November, 2024
- Satya Kumar flays YSRCP govt for ruining new med colleges
- AP High Court to hear RGVs anticipatory bail plea in social media remarks case
- ICC Champions Trophy: PCB appoints Chief Operating Officer; reiterates stand to host Champions Trophy entirely in Pakistan
BPCL in Rs 1.7-trn capex drive
New Delhi: Bharat Petroleum Corporation Ltd (BPCL) plans to invest Rs1.7 lakh crore over the next five years in its core oil refining, fuel marketing...
New Delhi: Bharat Petroleum Corporation Ltd (BPCL) plans to invest Rs1.7 lakh crore over the next five years in its core oil refining, fuel marketing and petrochemical business as well as in clean energy such as hydrogen, its chairman G Krishnakumar said on Friday.
As part of ‘Project Aspire’, a five-year strategic framework, BPCL plans to raise its oil refining capacity, augment petrochemical business and expand its presence in cleaner fuel space with an eye on energy transition and meeting country’s fuel demand, he said at a post earnings investor call.
“Our strategy is based on two fundamental pillars - ‘Nurturing the Core’; and ‘Investing in Future Big Bets’. We remain committed to our core businesses, which include the refining, marketing of petroleum products and upstream. In addition, we are focusing on our big bets, which comprise petrochemicals, gas, green energy, non-fuel retail, and digital,” Krishnakumar said.
