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.