 
                  
Praj Industries forms joint venture with BPCL for Compressed Bio Gas (CBG) plants
The new venture will focus on the construction, operation, and maintenance of CBG plants throughout India, in addition to the sale of CBG and its derivatives.
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The new venture will focus on the construction, operation, and maintenance of CBG plants throughout India, in addition to the sale of CBG and its derivatives.
 
                  
The first contract, awarded by BPCL, involves the supply of 12,500 metric tons (MT) of VG 30 grade bitumen, with an approximate contract value of INR 55.00 crores.
 
                  
Bharat Petroleum Corporation Limited (BPCL) has announced a significant capacity augmentation of its Cochin Coimbatore Karur Pipeline (CCKPL) and the Irugur Devangonthi Pipeline (IDPL), along with the establishment of a new oil storage terminal at Palakkad, Kerala.
 
                  
The Average Gross Refining Margin (GRM) during nine months ending on 31 December 2021 is $6.78 per barrel as against $2.90 per barrel in April-December 2020 period.
 
                  
BPCL has a nationwide distribution network with 19,000 retail units (fuel stations).
 
                  
The reluctance of the companies to invest in the fuel retailer stems largely from the newly adopted sustainability rules and the global action of energy transition in light of the increasing risk posed by climate change.
 
                  
 
                  
 
                  
68 more patents of BPCL awaiting for the approval. Bharat Petroleum Corporate Research and Development Center (CRDC) is hitting marks in the innovation.
 
                  
