BPCL to arrange EV charging stations at 1,000 areas in India by October 2022

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In September 2021, Bharat Petroleum Corporation Limited (BPCL), a government-owned oil and gasoline company, introduced its plan to arrange electrical car (EV) charging services at round 7,000 energy stations throughout India in a phased method over the following 5 years. declare. Fulfilling this promise, BPCL introduced that the primary 1,000 services can be prepared by October 2022. This transfer will open up a brand new enterprise alternative for BPCL and on the similar time keep away from the chance of displacement of auto fuels whereas creating a sturdy electrical car charging. fundamental infrastructure.

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Earlier, Arun Kumar Singh, Chairman, BPCL stated that the corporate might be offering numerous gas choices comparable to petrol, diesel, flexi gas to help electrical mobility by changing round 7,000 standard shops into ‘Energy Stations’ for gas stations. Take benefit of its nationwide community. EV charging facility, CNG and finally hydrogen within the medium to long run.

Presently, BPCL has a distribution community comprising of 19,000+ shops throughout the nation. In the following few years, BPCL goals to succeed in the variety of 7,000 stations to help the rising EV business and these stations might be generally known as ‘Energy Stations’. At current, BPCL operates solely 44 EV charging stations. BPCL plans to spend ₹5,000 crore to construct its renewable vitality portfolio of 1,000 MW by means of the largely inorganic route over the following 5 years. While the corporate at the moment operates 45 MW of renewable vitality capability, it additionally plans to speculate Rs 7,000 crore in biofuels.

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With inputs from NDTV

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