Bharat Petroleum Corporation (BPCL) is planning to invest over Rs 1 lakh crore (Rs 1 trillion) over the next five years in raising petrochemical production capacity, gas business, clean fuel and augmenting marketing infrastructure. The investment will help BPCL prepare for the future where conventional fuels and zero-carbon mobility in form of electric vehicles (EVs) and hydrogen will co-exist, while giving it the option to convert a greater degree of crude oil directly into high-value petrochemicals.
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.
