Bharat Petroleum Corporation Limited (BPCL) emerged as the lowest bidder in NTPC’s tender for establishing 1,200 MW ISTS-connected solar PV projects across India. BPCL secured a 150 MW capacity during the reverse auction, marking a significant milestone in its renewable energy ambitions.
Project Highlights:
- Capacity: 150 MW
- Capital Outlay: ₹756.45 crore
- Timeline: Two years for project development
- Estimated Revenue: ₹100 crore annually
- Output: Approximately 400 million units of clean energy per year
This initiative underlines BPCL’s commitment to advancing India’s clean energy transition, demonstrating its efforts to contribute to the nation’s renewable energy goals. The project is expected to generate substantial environmental and financial benefits, aligning with BPCL’s strategic focus on sustainability.
Stock Details:
As of the last session, BPCL’s stock was actively traded on both NSE and BSE under the symbols BPCL and 500547, respectively. Investors and stakeholders are optimistic about the company’s growing ventures in renewable energy.
