Bharat Petroleum Corporation Limited (BPCL) has entered into a Memorandum of Understanding (MoU) with Eco Wave Power Global AB to develop wave energy-based renewable power projects across India. Under the MoU, BPCL and Eco Wave Power will conduct a feasibility study for deploying wave energy projects across India.
The initial phase will focus on installing a 100–300 kW pilot project at BPCL’s Mumbai Oil Terminals, setting the stage for larger commercial-scale installations. BPCL will manage regulatory approvals, permits, and land use consents, while Eco Wave Power will supply its patented wave energy conversion technology, conduct research, and optimise power generation efficiency.
In January 2025, BPCL partnered with Volks Energie to develop India’s first solar power plant with Lithium Iron Phosphate (LFP) Battery Energy Storage Systems (BESS) for oil and gas pipelines across 14 strategic locations in Andhra Pradesh and Telangana.
