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BPCL lines up capital expenditure of Rs 1.08 trillion over next five years

13 Sep 2017 Evaluate

Bharat Petroleum Corporation (BPCL) has lined up capital expenditure of Rs 1.08 trillion for the next five years. The public sector oil retailer will spend the money on capacity expansion of refineries as well as marketing and upstream activities. The company will focus primarily on going global to further expand the business, especially in upstream activities.

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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