In September 2021, Bharat Petroleum Corporation Limited (BPCL), a government-owned oil and gas corporation, announced its plan to set up electric vehicle (EV) charging facilities at around 7,000 power stations across India in a phased manner over the next five years. declare. Fulfilling this promise, BPCL announced that the first 1,000 facilities would be ready by October 2022. The move will provide BPCL with a new business opportunity and at the same time avoid the risk of displacement of auto fuels while creating a robust electric vehicle charging. basic infrastructure.
We will leverage our nationwide network to support electric mobility by installing EV charging facilities at approximately 7,000 power stations in the medium to long term. The first 1,000 of these facilities will be ready by October 2022. #electrical mobility #avcharging pic.twitter.com/LcQevv1duM
— Bharat Petroleum (@BPCLlimited) 11 January 2022
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Earlier, Arun Kumar Singh, Chairman, BPCL said that the company will be providing various fuel options such as petrol, diesel, flexi fuel to support electric mobility by converting around 7,000 conventional retail outlets into ‘Energy Stations’ for fuel stations. Take advantage of its nationwide network. EV charging facility, CNG and eventually hydrogen in the medium to long term.
Presently, BPCL has a distribution network comprising of 19,000+ retail outlets across the country. In the next few years, BPCL aims to reach the number of 7,000 stations to support the growing EV industry and these stations will be known as ‘Energy Stations’. At present, BPCL operates only 44 EV charging stations. BPCL plans to spend ₹5,000 crore to build its renewable energy portfolio of 1,000 MW through the largely inorganic route over the next five years. While the company currently operates 45 MW of renewable energy capacity, it also plans to invest Rs 7,000 crore in biofuels.
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