BPCL Awards Contracts for 100 MW Wind Power Projects to Boost Green Energy Goals

Bharat Petroleum Corporation Limited (BPCL), one of India’s leading oil and gas companies, has taken a big step toward clean energy. BPCL has given contracts to develop 100 megawatts (MW) of wind power projects, which will help the company reduce its dependence on fossil fuels and move closer to its sustainability goals.
This is part of BPCL’s larger plan to expand its renewable energy portfolio to 10 gigawatts (GW) by 2040. The company’s target is to become a Net Zero energy company by cutting down on Scope 1 and Scope 2 emissions by that year. By investing in wind energy, BPCL is working to replace traditional power sources with clean, renewable electricity for its operations.
Where Are the Wind Projects Located?
The new contracts are for two separate wind power projects, each with a capacity of 50 MW:
- Madhya Pradesh project: BPCL has awarded this project to Suzlon Energy Limited.
- Maharashtra project: This project will be carried out by Integrum Energy Infrastructure Limited.
Both projects are expected to be finished and running within the next two years.
How Will the Wind Energy Be Used?
These wind farms are mainly set up to supply electricity to BPCL’s own refineries:
- Mumbai Refinery in Maharashtra
- Bina Refinery in Madhya Pradesh
This means that BPCL will be able to use wind energy instead of fossil fuels to power these important facilities. As a result, the company will cut down on its carbon emissions and lower its reliance on non-renewable energy sources.
Why Is This Move Important?
Even though 100 MW is just the beginning, this project is a major milestone for BPCL. It shows that the company is serious about adding renewable energy to its operations and meeting its long-term goal of building a 10 GW renewable energy portfolio.
By moving forward with these projects, BPCL is also setting a good example for other big industrial companies in India. The successful and timely completion of these projects within the planned two years will help strengthen BPCL’s reputation as a company that keeps its green energy promises.
BPCL Stock Update
As of now, BPCL’s stock price has fallen by 1.30% and is trading at ₹304.35.