CPCB imposes penalty worth Rs 2 crore on BPCL

Bharat Petroleum Corporation Ltd. | Refineries | Oil & Gas | BSE: 500547 | NSE: BPCL

23 Oct 2023 Evaluate

Central Pollution Control Board (CPCB) has fined Bharat Petroleum Corporation (BPCL) for not installing pollution control devices at their petrol pumps. BPCL has been fined Rs 2 crore. The company has received notice under Section 5 of Environment (Protection) Act, 1986 to pay environmental compensation of Rs 2 crore to CPCB for non-installation of Vapour Recovery Systems within the timeline prescribed by Supreme Court and CPCB, in petrol refuelling stations and storage terminals.

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	166.70
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
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Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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