BPCL Inaugurates 71 MWp Solar Power Plant in Prayagraj, Cuts 75,000+ Tonnes Carbon Annually
New Delhi: Bharat Petroleum Corporation Limited has commissioned a new 71 MWp solar power plant at Prayagraj, Uttar Pradesh. The inauguration took place on February 18, 2026, marking a significant addition to the company's renewable energy capacity. This is BPCL's largest solar installation in the state and forms part of the company's broader strategy to expand its green energy footprint.
Plant Capacity and Benefits
The 71 MWp solar plant will generate clean electricity for captive use as well as for feeding into the grid. A plant of this scale can generate approximately 120 to 140 million units annually, powering over 50,000 homes and reducing thousands of tons of carbon emissions each year. Prayagraj offers favorable conditions for solar generation with ample sunlight throughout the year. The location also allows BPCL to supply clean energy to nearby facilities, reducing transmission losses.
Strategic Importance
BPCL aims to achieve net-zero carbon emissions by 2040. Expanding renewable energy capacity is central to this target. The Prayagraj plant adds to BPCL's growing portfolio of solar and wind projects across the country. This project also supports the government's National Solar Mission and India's target of 500 GW renewable energy capacity by 2030.
Environmental and Economic Impact
The plant will significantly reduce carbon dioxide emissions compared to coal-based power. It also saves water and reduces air pollution. For BPCL, the plant provides long-term energy cost savings with no fuel cost and minimal maintenance over its 25-year design life. It also helps the company meet renewable purchase obligations. Local employment is generated during construction and operations, contributing to the regional economy.
BPCL's Renewable Journey
BPCL has previously commissioned solar projects at Kochi Refinery, Mumbai Refinery, and other locations. The company is also investing in wind energy, biofuels, and green hydrogen. The Prayagraj plant is among the largest in BPCL's renewable portfolio and demonstrates serious commitment to energy transition.
Industry Context
Oil marketing companies are racing to build green energy portfolios. BPCL's competitors IOCL and HPCL have also announced significant renewable investments. For BPCL shareholders, this project signals that the company is future-proofing its business. Renewable investments provide stable returns and reduce exposure to volatile fossil fuel markets.
Bottom Line
BPCL's 71 MWp solar plant at Prayagraj, inaugurated February 18, 2026, marks a significant milestone in the company's renewable energy journey. It demonstrates commitment to net-zero goals while supporting national renewable targets and providing environmental and economic benefits.