Bharat Petroleum Corporation Limited ( (IN:BPCL) ) has issued an announcement.
Bharat Petroleum Corporation Limited (BPCL) has entered into a joint venture with Sembcorp Green Hydrogen India Private Limited to explore renewable energy and green hydrogen projects across India. This strategic partnership aims to support India’s energy transition and development goals, leveraging Sembcorp’s renewables expertise and BPCL’s petroleum sector experience. The collaboration will focus on projects like green hydrogen production, green ammonia production, and emissions reduction for port operations, aligning with BPCL’s goal of building a 10 GW renewable energy portfolio and achieving net-zero emissions by 2040.
More about Bharat Petroleum Corporation Limited
Bharat Petroleum Corporation Limited (BPCL) is a Fortune Global 500 company and a ‘Maharatna’ enterprise in India. It operates in the petroleum industry, focusing on refining, marketing, and distributing petroleum products. The company is committed to transitioning towards sustainable energy solutions and aims to achieve net-zero emissions by 2040.
YTD Price Performance: -5.23%
Average Trading Volume: 426,137
Current Market Cap: 1212.2B INR
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