BPCL signs MoU with Rajasthan government for 1 GW renewable energy projects

The Bharat Petroleum Corporation Limited (BPCL) has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan to set up a 1 GW renewable energy power plant in the state. The MoU was signed in a ceremony organised by the Bureau of Investment Promotion, Government of Rajasthan.

The BPCL has launched an ambitious goal of “Net Zero” for the scope 1 and 2 emissions by the year 2040. The company plans to expand their renewables portfolio and reach 1 GW of renewable energy by 2025 and 10 GW by 2040.

Recently in November 2022, BPCL issued a tender to recruit consultancy services for the installation of 6.9 MW of floating solar power projects in Kochi’s rainwater harvesting pond and shore tank farm. As per the tender guidelines, the consultant will be in charge of evaluating two floating solar power projects.

Additionally, in September 2022, BPCL floated bids for a 6 MW solar power project at its refinery in Kochi, Kerala. The scope of work of the project includes engineering, supply, installation, testing, and commissioning of the facility.