About BPCL
Bharat Petroleum Corporation Ltd. (BPCL), a Fortune 500 Company is a major player in Refining and Marketing of petroleum products in India. The Company today is a fully integrated entity after the incorporation of upstream subsidiary Bharat Petro Resources Limited. The Company today offers fully integrated operations with the incorporation of upstream subsidiary Bharat Petro Resources Ltd. in 2005. BPRL now has interests in 20 Exploration blocks in India, Australia, Brazil, East Timor, Indonesia & Mozambique.
Having recorded a Group Gross Revenue from operation in US$ 43.12 billion in 2014-15, BPCL markets the full range of petroleum products. The BPCL Group's market sales in 2014-15 were 34.45 MMT (million metric tons). BPCL has a total refining capacity of over 30 MMTPA with two fully owned refineries at Mumbai & Kochi, one subsidiary refinery at Numaligarh in Assam (NRL )and one Joint Venture refinery BORL ( Bharat Oman Refinery Ltd. ) at Bina in Madhya Pradesh. The extensive Marketing network companies of over 12809 Fueling stations, over 4044 LPG distributors and over 1000 SKO/LDO dealers also fuels leading International and Domestic Airlines in major Indian airports. BPCL has 127 POL ( Petroleum Oil & Lubricants ) supply locations, 50 LPG Bottling Plants, 35 Aviation Stations and 3 Lube Blending Plants.
Numaligarh Refinery Ltd. (NRL), a 3 MMTPA Refinery, was incorporated In April, 1993, as a Public Sector Enterprise with an authorized capital of Rs. 1,000 crores under Assam Accord. As on 31.03.2014, BPCL held 61.65% of its paid up equity capital, amounting to Rs. 453.55 crores.
BPCL has made important investments in the marketing of Gas. JVs have been forged for City Gas Distribution in four centers viz. Delhi, (Indraprastha Gas Ltd. - IGL ) Gandhinagar (Gujarat), Sabarmati Gas Ltd. (SGL) Kanpur(U.P.) Central UP Gas Ltd.(CUGL) & in Pune (Maharashtra) Maharashtra Natural Gas Ltd. (MNGL A separate Gas SBU has been formed to anchor the Gas business.
Petronet LNG Ltd. (PLL), Petronet CCK Ltd. and Petronet India Ltd. ( PIL ) also are few more JVs forged.
Additionally two JVs the first BHARAT STARS Services Private Limited ( BSSPL ) and Delhi Aviation Fuel Facility Pvt. Ltd. ( DAFFPL ) cater to the Aviation sector. A joint venture company, DAFFPL has been promoted by BPCL , IOCL and Delhi International Airport Ltd. ( DIAL ) for implementing Aviation Fuel facility for the new T3 terminal at Delhi International Airport Ltd.
MBPL is a joint venture Company incorporated in Singapore on 20th May, 2008 for carrying on the bunkering business and supply of marine lubricants in the Singapore market, as well as international bunkering including expanding into Asian and Middle East markets.
The Government of Kerala has promoted KIAL as a public limited company to establish and operate airports and allied infrastructure facilities at Kannur and other parts of India.
KIAL would initially set up an Airport at Kannur in the state of Kerala at an estimated project cost of Rs 1892 crores. BPCL has signed a joint venture Agreement in April, 2012 with Gujarat State Petronet Ltd., IOC and HPC for laying of a gas pipeline, Mallavaram-Bhopal-Bhilwara-Vijaipur (MBBVPL).
BPCL has also signed a joint venture agreement on 30th April, 2012 with Gujarat State Petronet Ltd. IOC and HPC for laying a gas pipelines to Mehsana-Bhatinda ( MBPL ) and Bhatinda-Jammu-Srinagar ( BJSPL ) Additionally BPC has signed a JV with IOC, HPC and MIAL ( Mumbai International Airport Ltd ) for implementing and managing fuel farm facilities at Mumbai Airport and formed MAFFFPL a joint venture company with equal participation of 25% each.
Noteworthy is another Joint venture Agreement with IOC for implementation of the Kochi-Coimbatore Salem LPG pipelines project & formed a joint venture company, KSPPL in January 2015 on a 50 : 50 basis. Presently BPCL has paid an amount of Rs 6.75 crores as advance against equity to the Joint venture Company.
The Company has also been innovative in creating many successful brands. Prominent brands from the BPCL stable include 'Speed' - the country's first branded premium petrol and Petro Bonus - one of India's biggest loyalty programmes. 'Bharatgas' the favourite brand of LPG in 42 million homes. The banquets of offerings include the 'In & Out' chain of convenience stores at Retail Outlets and 'GHAR' outlets designed specially for truckers and highway travelers. BPCL has pioneered the 'Beyond LPG' initiative providing FMCG goods, durable and utility items at consumer's doorsteps. 'MAK' range of world class lubricants are blended to cater to new generation vehicles.
The Company has also embarked on an aggressive expansion plan for Refining and Marketing network over the next few years. Alternate forms of energy viz. wind, solar and bio are going to be important areas of focus.
Bharat Petroleum has harnessed technology to reap major benefits in terms of enhanced performance. Having successfully implemented the ERP (Enterprise Resource Planning) initiative in 2001, the company's accredited SAP Customer Competency Centre at Mumbai is one of the few of its kind in Asia.
International Projects and Training capabilities
As part of different consortiums, BPCL has interests in 20 Exploration blocks in India, Australia, Brazil, East Timor, Indonesia & Mozambique and oil in Brazil.
BPCL's international Trading team has high level of competency and imports crude and petroleum products from Middle East, Malaysia, Brunei, and Nigeria etc. and exports products to far East , Singapore & Sri Lanka. In marketing too, BPCL has been active in international markets. MAK Lubricants are being currently marketed in Bhutan, Nepal, Sri Lanka and Bangladesh. Going forward the Company is looking at expanding in African countries and covering GCC countries.
BPCL has entered into the International bunkering segment for marketing fuel oil at Mumbai and Kochi. Matrix Bharat Marine Services Pvt. Ltd is a joint venture Company incorporated in Singapore for carrying on the bunkers business and supply of marine lubricants in Singapore market as well as International bunkering.
The company has pioneered Bharat Metal Cutting Gas, an innovative product which acts as substitute to Acetylene. The product has found market in neighbouring countries in Middle East and Sri Lanka. Bharat Metal Cutting Gas cuts cost while cutting metal.
BPCL has international standard training capability in SAP implementation and is one the few Indian companies to be nominated by the SAP World Governing Council.