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BPCL planning to enter into gas business

04 Aug 2017 Evaluate

Bharat Petroleum Corporation (BPCL) is planning to venture into gas business and diversify resources for sourcing fuels as part of its five-year plan. The company has set a target of Rs one lakh crore to be spent for all its expansion activities which will include marketing, refining etc.

BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.


Peers
Company Name CMP
Reliance Industries 1186.10
Indian Oil Corpn. 130.70
Bharat PetroleumCorp 296.50
HPCL 343.10
MRPL 172.60
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