Gurgaon/ Thiruvananthapuram, 14th February, 2024: In a significant move towards advancing green energy initiatives, Bharat Petroleum Corporation Limited (BPCL), India’s Fortune 500 Maharatna Energy Conglomerate, has entered into a transformative Memorandum of Understanding (MOU) with Cochin International Airport Ltd (CIAL). The collaboration aims to establish an Integrated Green Hydrogen Plant and a fuelling station within the premises of Kochi Airport, further reinforcing BPCL’s commitment to sustainable energy solutions.
This visionary collaboration leverages BPCL’s technological expertise to establish India’s first Integrated Green Hydrogen Plant and a fuelling station within the airport setting. The MOU outlines plans for a 1,000 KW project at Kochi Airport, scheduled to be completed in 2025. Green hydrogen, a future fuel produced from water using renewable energy sources, aligns seamlessly with BPCL’s Net Zero aspirations of eliminating emissions in scope 1 and 2.
The MOU signing ceremony took place at the Legislative Complex in Thiruvananthapuram, with the distinguished presence of Shri. Pinarayi Vijayan, Chief Minister of Kerala and Chairman of CIAL alongwith Shri P. Rajeeve, Hon’ble Minister for Industries, Dr. V. Venu IAS, Chief Secretary, Govt. of Kerala, Shri G. Krishnakumar, Chairman & Managing Director, BPCL and other senior officials from both BPCL and CIAL.
Shri G. Krishnakumar, C&MD, BPCL, highlighted “The collaboration today is a pivotal moment in the journey towards sustainable energy solutions. At BPCL, we are committed to India’s energy independence, strengthening the ambitious initiatives of ‘AatmaNirbhar Bharat’ and ‘Vocal for Local’.”
Under the agreement, BPCL will oversee the establishment of the integrated Green Hydrogen plant and fuelling station at Kochi Airport, providing technology and managing operations. The initial plant output will be harnessed to power vehicles within the airport.
This collaboration also marks the establishment of India’s first Fuel Station with green hydrogen in Southern India, a significant milestone in sustainable fuel infrastructure.
About Bharat Petroleum Corporation Ltd. (BPCL):
Fortune Global 500 Company, Bharat Petroleum is the second largest Indian Oil Marketing Company and one of the integrated energy companies in India, engaged in refining of crude oil and marketing of petroleum products, with presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted Maharatna status, joining the club of companies having greater operational & financial autonomy.
Bharat Petroleum’s Refineries at Mumbai, Kochi and Bina 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 21,000 Energy Stations, over 6,200 LPG distributorships, 525 Lubes distributorships, and 123 POL storage locations, 53 LPG Bottling Plants, 70 Aviation Service Stations, 4 Lube blending plants and 4 cross-country pipelines as on 30.09.2023.
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 an ecosystem and a road-map to become a Net Zero Energy Company by 2040, in Scope 1 and Scope 2 emissions. Bharat Petroleum has been partnering communities by supporting several 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 an admired global energy company leveraging talent, innovation & technology.
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