Bharat Petroleum Corporation (BPCL) is reportedly planning to add 400 more retail outlets in FY22 above its existing 2,738 retail outlets in the eastern region envisioning an increase in market share in Motor Spirit and High-Speed Diesel from present 27% to 30%.
The total 3,138 retail outlets across the eastern region will cover twelve states. The revamped Budge Budge installation and the multi-product pipeline from Haldia jetty to BPCL’s coastal installation in Kolkata will facilitate the enhanced supplies through the added number of retail outlets, for which the company has to spend Rs 264 crore.
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.