Over the subsequent few years, BPCL goals at reaching a depend of seven,000 stations to assist the rising EV trade.
In September 2021, the Indian government-owned oil and fuel company, Bharat Petroleum Company Restricted (BPCL) introduced its plans to arrange electrical automobiles (EV) charging amenities at round 7,000 power stations throughout India, phased out over the subsequent 5 years. Maintaining with this promise, BPCL introduced that the primary 1,000 amenities can be prepared by October 2022. The transfer will present BPCL with a brand new enterprise alternative in addition to a hedge towards the chance of displacement of auto fuels whereas constructing a sturdy electrical automobile charging infrastructure.
We’d leverage our nationwide community to assist electrical mobility, by establishing EV charging amenities at round 7,000 Vitality Stations, within the medium to long run. Out of those, first 1,000 amenities can be prepared by October 2022. #electricmobility #evcharging pic.twitter.com/LcQevv1duM
— Bharat Petroleum (@BPCLimited) January 11, 2022
Earlier, Arun Kumar Singh, Chairman, BPCL, mentioned that the corporate will leverage its nationwide community of gas stations to assist electrical mobility by changing round 7,000 standard stores into ‘Vitality Stations’ offering a number of fuelling choices like petrol, diesel, flexi fuels, EV charging facility, CNG and finally, hydrogen, within the medium to long run.
At the moment, BPCL has a distribution community involving 19,000+ stores throughout the nation. Over the subsequent few years, BPCL goals at reaching the depend of seven,000 stations to assist the rising EV trade and these stations can be referred to as ‘Vitality Stations’. At current, BPCL operates solely 44 EV charging stations. BPCL additionally plans to spend ₹ 5,000 crore to construct its renewable energy portfolio of 1,000 MW over the subsequent 5 years, largely by the inorganic route. Whereas the corporate at present operates 45 MW renewable energy capability, it additionally plans to speculate ₹ 7,000 crore in biofuels.