BPCL Plans Rs.1.7 Lakh Crore Expansion in Core Business and New Energy

22 Aug 2024 CW Team

Bharat Petroleum Corporation Limited (BPCL) has announced a substantial investment plan amounting to ?1.7 lakh crore to enhance its core business operations and venture into new energy sectors. This ambitious plan reflects BPCL?s commitment to strengthening its position in the energy market while adapting to the evolving landscape of energy consumption and production.

The investment will be allocated across several key areas, including the modernization and expansion of BPCL?s existing refineries. This move aims to boost the company?s production capacity, improve operational efficiency, and meet the growing demand for refined petroleum products. Upgrading infrastructure will also support BPCL?s strategic goals of maintaining high standards of quality and environmental compliance.

In addition to refining upgrades, BPCL is setting its sights on the new energy sector. The company plans to invest in renewable energy projects, such as solar and wind energy, to diversify its energy portfolio. This foray into clean energy aligns with global trends towards sustainable practices and positions BPCL to capitalize on the expanding market for renewable energy solutions.

This dual focus on core business enhancement and new energy investments underscores BPCL?s strategic approach to balancing traditional energy demands with future-oriented growth opportunities. The substantial financial commitment reflects the company's readiness to adapt to changing market dynamics and contribute to the global shift towards sustainable energy sources.

Overall, BPCL?s ?1.7 lakh crore investment plan is set to drive significant advancements in its core operations while paving the way for future growth in the renewable energy sector. This comprehensive strategy is expected to enhance BPCL?s competitive edge and support its long-term objectives in the global energy market.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..