Bharat Petroleum Corporation (BPCL) has received an approval from the Board of Directors for the financial plan and capital expenditure for laying the piped gas network, building, and operating of 8 City Gas Distribution (CGD) Projects authorized to BPCL under PNGRB CGD Bid Round 11 and 11A with an estimated investment of Rs 35,355 crore in a phased manner. The said projects would be subject to the requisite approvals of statutory authorities of Government of India.
Accordingly, BPCL is now developing CGD network in 25 Geographical areas including the above CGDs, covering 62 Districts in 14 States.
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.
Company Name | CMP |
---|---|
Reliance Industries | 2859.60 |
Indian Oil Corp. | 162.40 |
BPCL | 627.60 |
HPCL | 537.05 |
MRPL | 203.15 |
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