BPCL to invest ₹1 lakh crores to increase production capacity

• On Monday, Bharat Petroleum Corporation Limited (BPCL) Chairman Arun Kumar said that the com[any is planning to invest ₹1 lakh crores in the next 5 years.

• The company aims to expand petrochemical production capacity, gas business, clean fuel, and augmenting marketing infrastructure.

• The investment will help the oil company to prepare for future technologies like electric vehicles and hydrogen fuel.

• The company also aims to invest in biofuels and hydrogen.