Published On:June 18 2024
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BPCL to invest Rs. 1,400 cr to set up sustainable aviation fuel facilities

BPCL to invest Rs. 1,400 cr to set up sustainable aviation fuel facilities

State-owned Bharat Petroleum Corporation Limited (BPCL) is planning to establish sustainable aviation fuel (SAF) facilities at its three refineries. BPCL plans to allocate investments totalling Rs 1,400 crore for the development of these units, according to a report in The Economic Times.

The company operates three refineries located in Mumbai, Kochi, and Bina (Madhya Pradesh), collectively capable of refining 35.3 million metric tonnes per annum. This initiative by BPCL aims to contribute to the government’s goal of achieving 1 per cent blending.

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