BPCL to spend Rs 1.5 lakh crore as capex in next 5 years : v

BPCL to spend Rs 1.5 lakh crore as capex in next 5 years

Bharat Petroleum Corp (BPCL) has announced that it will invest about Rs 1.5 trillion in the next five years towards its transformative initiative, 'Project Aspire'. This investment will focus on growing its oil business, expanding its renewable energy portfolio, and achieving a net-zero goal by 2040. BPCL plans to invest in green hydrogen, carbon capture and storage, energy efficiency improvements, and renewable energy projects.

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