BPCL mulls major expansion, sees energy demand quadruple by 2047

Bharat Petroleum will set up a new refinery and invest Rs 1.7 lakh crore to expand existing capacity, launch petrochemicals, gas, and new energy ventures. BPCL aims to meet 10% of India’s energy needs, projected to quadruple by 2047, as part of ‘Project Aspire’, aligning with India’s energy goals.