Bharat Petroleum Corporation Ltd (BPCL) will set up 1 gigawatt (GW) of renewable energy capacity in Rajasthan As the nation’s second largest state oil refiner, it is focusing its efforts towards achieving net zero emissions by 2040.
In According to a statement by BPCL, it had signed a memorandum o’ understanding (MoU), with the government. Rajasthan For setting up the renewable power plant. ItHowever, they did not give a timeframe or indicate how much money would be invested in the project.
The The company has set itself the lofty goal of “net zero” in Scope 1&2 emissions by 2040. It Plans to expand its renewable portfolio in order to reach 1GW of generating capacity in 2025 and 10GW in 2040.
“The MoU was signed between Bhaskar A Sawant, IAS, Principal Secretary, Department of Energy, Government of Rajasthan and Shelly Abraham, Head Renewable Energy, BPCL,” The statement was as follows:
BPCL has three oil refineries. Mumbai, Kochi In Kerala Bina In Madhya PradeshThe combined refining capacity is around 38,000,000 tonnes It Also, there are over 20,000 pumps for petrol and 6,100 ATMs. LPG distributorships.
It The plan was to install electric vehicle charging stations at about 7,000 petrol pumps over five years.