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BPCL signs MoU with Shipping Corporation of India

13 Feb 2025 Evaluate

In a landmark development that is set to revolutionise India's maritime and energy sectors, Bharat Petroleum Corporation (BPCL) has signed a Memorandum of Understanding (MoU) with the Shipping Corporation of India (SCI) to establish a strategic partnership. This collaboration marks a significant step towards strengthening India’s global maritime presence, a key focus area of the Maritime Amrit Kaal Vision 2047 set by the Government of India.

This partnership is a step towards building a world-class shipping ecosystem that supports India's growing energy needs. By working together, BPCL aims to create a dedicated, efficient and future ready maritime infrastructure that will not only strengthen its supply chain but also contribute to India's position as a global maritime leader. 

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 1255.00
Indian Oil Corpn. 134.15
Bharat PetroleumCorp 303.90
HPCL 350.50
MRPL 173.00
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