Bharat Petroleum Corporation (BPCL) is betting big on electric vehicle (EV) charging infrastructure and has chalked out a plan to offer charging stations at around 7,000 petrol pumps over next few years. The company has distribution network involving more than 19,000 retail outlets (fuel stations) across the country. The EV charging infrastructure will provide the company a new business opportunity as well as a hedge against the risk of displacement of auto fuels.
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.
