BPCL sets FY25 capex target at Rs 15,000 crore

State-owned Bharat Petroleum Corp Ltd has set it capital expenditure target for 2024-25 at Rs 15,000 crore, the company said on Tuesday. Further, it also aims to expand its market networks with new pipelines underway.

“Augmenting strong marketing networks, we have approved two pipeline projects from Mumbai refineries,” the company said on an analyst call. In the current financial year 2023-24, the company’s capex outlay was at Rs 10,000 crore of which Rs 8,000 crore has been utilised till December 31.

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