Bharat Petroleum conducts a Webinar on Biofuels

by Psu Connect
Date: 21-04-21

To commemorate the monumental occasion, Azadi Ka Amrut Mahotsav was launched by the Hon'ble Prime Minister Shri Narendra Modiji on 12th March 2021 to honour 91 years of Dandi March

Bharat Petroleum conducts a Webinar on Biofuels

Mumbai: Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company organized a Webinar on Biofuels – A Way Forward as part of ‘Azadi Ka Amrut Mahotsav' to commemorate the 75th Anniversary of India's Independence in August 2022. The webinar was conducted under the guidance and direction of the Ministry of Petroleum and Natural Gas (MoP&NG), Government of India (GoI).

The webinar witnessed the presence and keynotes addressed by industry experts. The purpose was to create awareness and nudge the public towards adopting biofuels as a new source of energy. It was also to create confidence among entrepreneurs to take up challenges with the help of experts.

Eminent speakers related to the biofuels industry, research institutes, and agriculture universities participated in the panel discussion. The speakers highlighted several initiatives undertaken in the course of biofuels practice. They also delivered insights on evolution in the industry and the need to be innovative in thinking and in execution.

In the keynote address, Shri Tarun Kapoor, Secretary, MoP&NG emphasized, “Biofuels is a cleaner alternative energy source to manage carbon imbalance in the environment. It has increasingly become indispensable for Sustainable Development towards Atmanirbhar Bharat with significant Socio-economic benefits while meeting the growing energy needs of the country. Being informed about the initiatives and coordinated actions taken by various Ministries and Departments of Government of India for increasing production and consumption of Bio-Ethanol, Compressed Bio-Gas and Bio-Diesel is crucial. We aim to encourage people to come forward to set up Biofuels production plants and be assured about the marketing of Biofuels by Oil Marketing Companies. This is a crucial step and we wish to march forward with conviction and sustained efforts in this direction”

Shri Arun Kumar Singh, Director Marketing and Director Refineries, BPCL expressed, “We wish to reiterate our country’s commitment to reduce Greenhouse Gas emission intensity by 33-35% (relative to 2005 level), by 2030. Our emphasis areas are Bio-Ethanol, Compressed Bio-Gas, and through Solar branching towards Hydrogen for Carbon Neutrality. Under the EBP programme, we have achieved an 8.16% blending ratio during the previous month and now we are moving towards achieving E10 in 2022 and E20 by 2025. Oil and Gas Marketing companies are paving way for setting up 5000 CBG plants by 2023 and have issued more than 1500 LOIs till date. We aim to continue the efforts undertaken in this direction and contribute towards a better future.”

Several other eminent speakers expressed their views and insights on the topic. Mr. P. S. Ravi, Executive Director- Retail, BPCL, Shri Atul Mulay, President, Praj Industries Ltd, Dr. Anjan Ray, Director, CSIR-IIP, Dr. M. K. Mohanty, BPCL Chair Professor, Shri P V Ravitej, Executive Director (I/C) - Refineries BPCL, Mr. Milind S Patke, Executive Director - Biofuels, BPCL, OUAT, Shri Nuriel Pezarkar, Founder & CEO of Noble Exchange Environment Solutions LLP and Shri Jaap Veenenbos, Chairman of the Board & General Director, SusBDe Holding BV, Netherland also graced the webinar with their presence and expressed valuable insights and remarks to make the journey of Biofuels, a success story.

About Bharat Petroleum Corporation Ltd. (BPCL):

A Fortune Global 500 Company, Bharat Petroleum is the second-largest Indian Oil Marketing Company and one of the premier integrated energy companies in India, engaged in refining crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted Maharatna status, joining the elite club of companies having greater operational & financial autonomy.

Bharat Petroleum’s Refineries at Mumbai & Kochi and subsidiary Bharat Oman Refineries Ltd., at Bina, Madhya Pradesh have a combined refining capacity of around 37 MMTPA. Its marketing infrastructure includes a network of installations, depots, retail outlets, aviation service stations, and LPG distributors. Its distribution network comprises around 18,000 Retail Outlets, 6,600 LPG distributorships, 733 Lubes distributorships, 123 POL storage locations, 52 LPG Bottling Plants, 58 Aviation Service Stations, 3 Lube blending plants, and 4 cross-country pipelines.

With a focus on sustainable solutions, the company is developing a vibrant ecosystem. Bharat Petroleum has been partnering with communities by supporting innumerable initiatives connected primarily in the areas of education, water conservation, skill development, health, community development, capacity building, and employee volunteering. With ‘Energising Lives’ as its core purpose, Bharat Petroleum’s vision is to be the most admired global energy company leveraging talent, innovation & technology.