Bharat Petroleum takes big stride forward in the state of Odisha towards Green Energy Proliferation

Bharat Petroleum Corporation Limited takes big stride forward in the state of Odisha towards Green Energy Proliferation

- BPCL and The Government of Odisha signs a five year MOU for Green initiatives in the state

Odisha, April 12th, 2022: Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company; and The Government of Odisha have joined hands to take a vital step towards the proliferation of green energy in the state. On April 11, 2022, Sh. Bhupendra Singh Poonia, IAS, Managing Director, Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL); and Sh. Amit Garg, Executive Director Renewable Energy, BPCL, signed a Memorandum of Understanding (MOU) for a five-year period to collaborate in the fields of feasibility of setting up renewable energy projects and green hydrogen plants (both for domestic and export customers), round the clock (RTC) power for consumers, setting up of requisite infrastructure, training and knowledge sharing, etc.

The MoU signing ceremony was presided over by Sh. Suresh Chandra Mahapatra, IAS, Chief Secretary and Chief Development Commissioner for the Government of Odisha in presence of Sh. Arun Kumar Singh, Chairman and Managing Director of BPCL and other dignitaries from Government of Odisha and BPCL.

Sh. Hemant Sharma, IAS, Principal Secretary, Industries Department, Government of Odisha, in his inaugural welcome address, expressed the Government of Odisha's intention to create a greener economy and the steps undertaken by the Government in that regard.

Sh. Pradeep Kumar Jena, Development Commissioner-cum-Additional Chief Secretary, Government of Odisha emphasized on the significant role which shall be played by Renewable Energy and Green Hydrogen in the development of Odisha state.

Shri Arun Kumar Singh, Chairman and Managing Director, BPCL: "BPCL aspires to be the most admired energy firm by leveraging talent and technology. Given our commitment towards a greener and cleaner environment, we at BPCL aim to achieve Net-Zero, in Scope I and II emissions, by 2040. For the purpose, BPCL plans to build renewable energy capacity of 10 gigawatts comprising a mix of solar, wind, small hydro and biomass by 2040.”

Sh. Suresh Chandra Mahapatra, IAS, Chief Secretary and Chief Development Commissioner, Government of Odisha, stressed on the importance of environmental preservation, and thanked BPCL and IPICOL for this initiative in the Renewable Energy and Green Hydrogen sectors, encouraging all stakeholders to continue working on this mission.

Sh. Amit Garg, Executive Director Renewable Energy, BPCL in his concluding remarks thanked all the dignitaries for gracing the occasion and wished the concerned teams. In line with the vision co-created through this MoU, he requested both teams to coordinate, formalise and execute tangible milestones for achieving desired results.

Other Dignitaries who were present during the ceremony from Government of Odisha were Sh. Nikunja Bihari Dhal IAS, Principal Secretary, Energy Department and Sh. Vishal Kumar Dev IAS, Principal Secretary, Finance Department.