BPCL bullish on clean fuel, aims at raise CNG sale share to 15% in 4-5 yrs
PSU oil marketing company Bharat Petroleum Corporation Ltd (BPCL) is aiming big to expand its footprint in clean fuel space and looking to set up an infrastructure to tap the growing market for electric and gas-based mobility, an official said on Tuesday.
The oil retailer is planning to increase the share of clean fuel in its annual sales and also working on the installation of battery-swapping and charging stations for electric vehicles.
“There is a shift towards clean gas usage. Sales of gas-based fuel account for 1.5 per cent but we aspire to take this to 15 per cent in the next four to five years,” BPCL executive director (Retail) PS Ravi said.
The company has already 5 CNG stations operational in West Bengal -one in Kolkata and four in Durgapur, he said.
