BPCL is working out the details and aims to firm up its net-zero roadmap by next March, Singh told ET in an interview. “It will cover all our operations, including refineries, pipelines, depots, and bottling plants, but will not include customers’ or suppliers’ emissions,” he said.
Climate change concerns have pushed most major economies and several companies to set a net-zero greenhouse gas emissions target for themselves. Oil majors BP and Shell plan to turn net-zero by 2050 while Reliance Industries, India’s largest company by market value, has set a target to achieve this feat by 2035.
BPCL currently uses 650 MW of energy, including 550 MW of grid power and internal gas turbine generation power. It will put up 20 MW electrolyser at its refinery in Bina, Madhya Pradesh to produce green hydrogen. This will be double the size of GAIL’s recent tender for 10 MW electrolyser, the largest so far.
