Bharat Petroleum Corporation (BPCL) is planning to scale up its renewable energy portfolio to 10 GW by 2040 - the year it is targeting net-zero carbon emission. The company is diversifying and expanding into adjacent and alternate businesses, which will not only provide additional revenue streams but also offer a hedge against any decline in the oil and gas business.
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.
