- Presently, it operates only 44 EV charging stations currently
- The company plans to offer multiple fuelling options at 7,000 petrol pumps, or about a third of its network of 19,000 outlets, to facilitate owners of vehicles powered by gas, electricity, and hydrogen
Bharat Petroleum Corp (BPCL) plans to add 1,000 electric vehicles (EV) charging stations in the ‘short term’ to tap new business opportunities and as a ‘hedge against displacement of auto fuels’, chairman Arun Kumar Singh said. Presently, it operates only 44 EV charging stations currently. It has a plan to add another 1,000 charging stations.
The company plans to offer multiple fuelling options at 7,000 petrol pumps, or about a third of its network of 19,000 outlets, to facilitate owners of vehicles powered by gas, electricity, and hydrogen. Singh added that they will leverage our nationwide network of fuel stations to support electric mobility, by converting around 7,000 conventional retail outlets into Energy Stations providing multiple fuelling options like petrol, diesel, flexi fuels, EV charging facility, CNG and eventually hydrogen in the medium to long term.
He added that BPCL also plans to spend Rs 5,000 crore to build its renewable power portfolio of 1,000 MW over the next five years largely through the inorganic route. BPCL is planning a capital expenditure of Rs 1 lakh crore over the next five years on a range of projects in upstream, refining, marketing, natural gas, and renewables.
