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BPCL plans to convert 7,000 conventional retail outlets into energy stations

14 Oct 2022 Evaluate

Bharat Petroleum Corporation (BPCL) has planned to convert its 7,000 conventional retail outlets into energy stations providing multiple fueling options including electric vehicle (EV) charging facility, in the medium to long term.

Besides, the company launched EV fast-charging stations on two corridors in the southern region -- Bangalore-Chennai and Bangalore-Mysore-Coorg Highway. The chargers are strategically located at nine of its fuel stations with an approximate distance of 100 km on both sides of the routes.

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.

Peers
Company Name CMP
Reliance Industries 1236.00
Indian Oil Corpn. 132.20
Bharat PetroleumCorp 299.00
HPCL 345.15
MRPL 166.95
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