Bharat Petroleum collaborates with BARC for green Hydrogen production
Bharat Petroleum has plans to expand its portfolio of renewable energy with solar, wind and biofuels thereby reaffirming its commitment towards sustainability and reduction of carbon footprint.
Mumbai: Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company has collaborated with Bhabha Atomic Research Centre (BARC) to scale-up Alkaline Electrolysertechnology for Green Hydrogen production. Presently, ElectrolyserPlants are imported. This is a first-of-its-kind initiative to support the country's commitment to achieve renewable energy targets and reduce greenhouse gas emissions.
Refineries use large quantities of Hydrogen for de-sulfurization to make petrol, diesel and other chemicals. Currently, Hydrogen is made at the Refinery via. Steam Reforming of Natural gas, but this results in high CO2 emission. Therefore, Refiners are setting up large scale electrolysers to produce Green Hydrogen from water and therebydecarbonizeHydrogen production.
Speaking on the occasion, Mr. Arun Kumar Singh, C&MD –Bharat Petroleum Corporation Ltd. said,“BPCL is fully committed towards environment protection and ensuring a greener planet. We have been extensively leveraging technology in all our activities. Today, through collaboration with BARC, we intend to scale up Indigenous Alkaline Electrolyser Technology and look forward to commercializing it for large use especially in Refineries. This will be another step towards “Atmanirbhar Bharat” in our journey for achieving Net Zero Emissions by 2040.”
Bharat Petroleum has plans to expand its portfolio of renewable energy with solar, windand biofuels thereby reaffirming its commitment towards sustainability and reduction of carbon footprint. Furthermore, the Company intends to meet power requirement for new projects in its Refineries, primarily from renewable sources.
About Bharat Petroleum Corporation Ltd. (BPCL):
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 of 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 35.3 MMTPA. Its marketing infrastructure includes a network of installations, depots, energy stations, aviation service stations and LPG distributors. Its distribution network comprises over 19,000 Energy Stations, over 6,100 LPG distributorships, 733 Lubes distributorships, 123 POL storage locations, 53 LPG Bottling Plants, 60 Aviation Service Stations, 3 Lube blending plants and 4 cross-country pipelines.
Bharat Petroleum is integrating its strategy, investments, environmental and social ambitions to move towards a sustainable planet. The company has chalked out the plan to offer electric vehicle charging stations at around 7000 energy stations over next 5 years.
With a focus on sustainable solutions, the company is developing a vibrant ecosystem and a road-map to become a Net Zero Energy Company by 2040. Bharat Petroleum has been partnering 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.