What is the Full Form of BPCL ?

BPCL - Bharat Petroleum Corporation Limited

Bharat Petroleum Corporation Limited is an Indian oil and gas corporation targeted in Mumbai, Maharashtra. The organisation has its refineries placed in Mumbai, Kochi, Numaligarh and Bina with its distribution facilities placed throughout India.

The Company turned into incorporated on November three, 1952 as a non-public restrained organisation with the decision Burmah Shell Refineries Ltd. On January 24, 1976, the business business enterprise become taken over via the Government of India and on August 1, 1977, the employer have become renamed as Bharat Petroleum Corporation Ltd.

BPCL's product line consist of:
Gases: Polypropylene feed stock, herbal gasoline, LPG and bharat metal reducing gas
Fuels: Marine fuels, white oils and black oils, lubricants, and sulphur
Marketing infrastructure: installations, LPG vendors, stores, and aviation provider stations.

Bharat Petroleum Corporation Limited (BPCL) is one of the important united states of america-owned oil and fuel agencies in India. It changed into based totally in 1976 whilst the Burmah Shell Oil Storage and Distribution Company of India Limited changed into nationalized and merged with Burmah Shell Refineries Limited. The company is located in Mumbai, Maharashtra and has a large presence in the downstream oil and fuel location in India. In this article, we can speak BPCL's history, operations, products and services, monetary typical overall performance, and destiny plans.

BPCL's records can be traced back to 1928 even as Burmah Oil Company set up Burmah Shell Oil Storage and Distribution Company in India. After the Indian authorities nationalized the oil and gasoline industry in 1976, Burmah Shell became merged with Burmah Shell Refineries Limited to form Bharat Refineries Limited, which later have end up BPCL. The enterprise has considering that grown to turn out to be one of the predominant players inside the Indian downstream oil and fuel area.

BPCL operates inside the downstream segment of the oil and fuel employer, which includes refining, advertising and marketing, and distribution of petroleum merchandise. The agency operates four refineries in India, with a blended capacity of 38.3 million metric tonnes constant with annum. These refineries are positioned in Mumbai, Kochi, Bina, and Numaligarh. BPCL additionally has a 12.Five% stake inside the Bina Refinery, a joint project with Oman Oil Company.

BPCL's marketing and distribution network is spread for the duration of the period and breadth of India. The organisation has a network of over 17,000 retail outlets, inclusive of dealerships and organization-owned petrol pumps. BPCL's subsidiary Bharat Gas is one of the foremost companies of LPG in India, with over 50 million clients. The business enterprise additionally has a vast presence in the aviation gas section and substances gasoline to essential airports in India.

BPCL offers a huge range of petroleum services and products to its customers. The commercial enterprise business enterprise's products encompass petrol, diesel, aviation gas, LPG, lubricants, and forte products. BPCL also offers a spread of offerings, together with fleet control solutions, industrial and business fuel supply, and home delivery of LPG cylinders.

BPCL is a profitable commercial enterprise business enterprise with a robust economic usual overall performance. In the economic 12 months 2020-21, the business enterprise's sales changed into INR 2.Eight trillion ($37.Four billion) and net earnings come to be INR 1.Eight billion ($24 million). The company's market capitalization as of March 2021 have become over INR 91,000 crore ($12 billion).