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BPCL and NSI Partner to Develop Sweet Sorghum for Sustainable Biofuel

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BPCL and NSI Partner to Develop Sweet Sorghum for Sustainable Biofuel

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An update from Bharat Petroleum Corporation Limited ( (IN:BPCL) ) is now available.

Bharat Petroleum Corporation Limited (BPCL) has signed a Memorandum of Understanding with the National Sugar Institute to develop sweet sorghum as a sustainable feedstock for bioethanol production, supporting India’s Ethanol Blended Petrol Programme. BPCL is investing INR 5 crores in research to improve agricultural practices and enhance ethanol production, aiming to reduce reliance on fossil fuels and boost rural economies. This collaboration is set to enhance energy security and promote a comprehensive approach to bioenergy in India.

More about Bharat Petroleum Corporation Limited

Bharat Petroleum Corporation Limited (BPCL) is a prominent integrated energy provider in India, involved in the production and distribution of petroleum products and renewable energy. The company is focused on supporting India’s energy needs with a commitment to sustainable and innovative energy solutions.

YTD Price Performance: -13.38%

Average Trading Volume: 403,018

Current Market Cap: 1108.3B INR

See more insights into BPCL stock on TipRanks’ Stock Analysis page.

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