BPCL Archives - Newscript EnergyWorld

28Aug

By Pallab BhattacharyaNo Comments

Oil & Gas Industry

Gas Gamble in India’s Remote Northeast

Oil India Limited (OIL) and Bharat Petroleum Corporation Limited (BPCL) have agreed to set up Arunachal Pradesh’s first state-wide City Gas Distribution (CGD) network, taking India’s natural gas expansion to one of its most sparsely populated and geographically difficult states. The licence, awarded under the 12th round of the Petroleum and Natural Gas Regulatory Board (PNGRB), covers the entire state rather than select districts, making it the first comprehensive CGD concession in India’s northeastern frontier. Structure and Infrastructure The venture will be operted as a 50:50 joint venture between the two state-run energy companies, with provision for the Arunachal Pradesh government to take up to 10 per cent equity. The network will include compressed natural gas (CNG) stations fo...

BPCL’s hydrogen pivot signals a new phase for India’s refining giant

Bharat Petroleum Corporation Ltd (BPCL) posted a stronger-than-expected profit in the first quarter of FY26, with net earnings of ₹61.24 billion against market estimates closer to ₹57 billion. Softer crude costs and improved marketing spreads underpinned the numbers, but management is keen to highlight a different narrative: the company’s accelerating bet on green hydrogen. BPCL has begun pilot projects to produce hydrogen for refinery desulphurisation and has partnered with KPIT and the Kerala government on India’s first hydrogen bus corridor. “Hydrogen-powered mobility is the future of sustainable transportation,” Chairman G. Krishnakumar told reporters in Kochi, underscoring the ambition to leapfrog conventional gas. The strategy mirrors Europe’s majors. Repsol in Spain and Italy’...

BPCL secures financing for Bina mega project, partners Kerala govt

By Newscript News Network August 21, 2025 Bharat Petroleum Corporation Ltd (BPCL) has achieved financial closure for its ambitious Bina Refinery Expansion cum Petrochemical Project. The project, supported by a ₹31,802 crore loan from a consortium led by State Bank of India, will expand capacity from 7.8 MMTPA to 11 MMTPA while adding a 1.2 MMTPA ethylene cracker unit. “This project will transform Bina into a petrochemical hub, driving value addition beyond fuels,” BPCL’s Chairman said in a recent interaction. In Kerala, BPCL signed a ₹25.12 crore agreement with the state government for a four-lane road to the Ambalamugal Industrial Hub, alongside an ₹11.34 crore amenity centre at the Cochin Cancer Research Centre. The projects reflect BPCL’s dual focus on infrastructure develo...