Bharat Petroleum Corporation Limited (BPCL) has entered into a Memorandum of Understanding (MoU) with the Mumbai Port Authority to create a green fuel ecosystem, aimed at promoting sustainable energy initiatives. This collaboration is part of BPCL’s commitment to advancing green energy and supporting India’s energy transition.
Shri Sanjay Khanna, BPCL’s Director (Refineries), recently participated as a key panelist at the S&P Global and CRISIL summit titled “Secure and Affordable Energy to Power the Indian Economy,” which was held at the Grand Hyatt in Mumbai. During the summit, Khanna emphasized the essential role of Oil Marketing Companies (OMCs) like BPCL in ensuring energy security, affordability, and sustainability for India’s growing economy.
Shaping India's Energy Future!
Shri Sanjay Khanna, Director (Refineries), BPCL, was a key panelist at the prestigious S&P Global and CRISIL summit, "Secure and Affordable Energy to Power the Indian Economy," held at Grand Hyatt, Mumbai.
He emphasised the critical role of Oil… pic.twitter.com/5W8qTlUPDV
— Bharat Petroleum (@BPCLimited) October 3, 2024
The focus was also on BPCL’s strategy to manage oil demand growth and its sustained efforts towards improving reliability and efficiency. Khanna outlined BPCL’s investments in renewables, natural gas, and petrochemicals as part of its diversified energy approach.
Moreover, BPCL reaffirmed its ambition to achieve a net-zero target for scope 1 and 2 emissions by 2040, underlining its commitment to powering India’s growth in an environmentally responsible manner. The partnership with the Mumbai Port Authority is expected to play a pivotal role in establishing an integrated green fuel infrastructure and advancing sustainability in India’s energy sector.
