BPCL plans Rs 1.7 lakh crore spend to expand core business, new energy foray

Bharat Petroleum Corporation announced plans to invest Rs 1.7 lakh crore over five years to expand its oil refining and fuel marketing businesses, along with ventures into petrochemicals and green energy. The company aims for net zero emissions by 2040 and is targeting 2 gigawatts of renewable energy capacity by 2025. These initiatives are part of its ‘Project Aspire.’