{"id":517840,"date":"2022-08-30T09:27:30","date_gmt":"2022-08-30T03:57:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=517840"},"modified":"2022-08-30T10:05:58","modified_gmt":"2022-08-30T04:35:58","slug":"bharat-petroleum-targets-net-zero-10-gw-of-renewable-energy-by-2040","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bharat-petroleum-targets-net-zero-10-gw-of-renewable-energy-by-2040\/","title":{"rendered":"Bharat Petroleum targets net zero, 10 GW of renewable energy by 2040"},"content":{"rendered":"<p>Bharat Petroleum Corporation Ltd, India&#8217;s second-largest oil refining and fuel retailing firm, plans to scale up its renewable energy portfolio to 10 GW by 2040 &#8211; the year it is targeting net-zero carbon emission, chairman Arun Kumar Singh said on Monday.<\/p>\n<p>Addressing the company&#8217;s annual shareholders&#8217; meeting, he said BPCL is diversifying and expanding into adjacent and alternate businesses, which will not only provide additional revenue streams but also offer a hedge against any decline in the oil and gas business.<\/p>\n<p>&#8220;The company has identified six strategic areas &#8211; petrochemicals, gas, renewables, new businesses, that is, consumer retailing, e-mobility and upstream &#8211; which will serve as pillars of future growth and create sustainable value for all stakeholders,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bharat Petroleum Corporation Ltd, India&#8217;s second-largest oil refining and fuel retailing firm, plans to scale up its renewable energy portfolio to 10 GW by 2040 &#8211; the year it is targeting net-zero carbon emission, chairman Arun Kumar Singh said on Monday. Addressing the company&#8217;s annual shareholders&#8217; meeting, he said BPCL is diversifying and expanding into adjacent and alternate businesses, which will not only provide additional revenue streams but also offer a hedge against any decline in the oil and gas business. &#8220;The company has identified six strategic areas &#8211; petrochemicals, gas, renewables, new businesses, that is, consumer retailing, e-mobility and [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-517840","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/517840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=517840"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/517840\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=517840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=517840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=517840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}