Bharat Petroleum Corporation Ltd. (BPCL) saw a 1% increase in its shares following the announcement of strategic partnerships aimed at pioneering hydrogen initiatives. BPCL signed a quadripartite MoU with BluJ Aerospace, ANERT, and CIAL to establish the world's first hydrogen-fueled VTOL aircraft ecosystem in Kochi and Trivandrum, including the installation of hydrogen refueling stations. Another collaboration with KPIT Technologies will focus on hydrogen-based mobility projects in Kerala to support trial initiatives and promote sustainable public transportation. Furthermore, BPCL introduced the 'Emerge' cohort under the BPCL Ankur Fund to back startups in the CGD and energy efficiency sectors, providing investment opportunities for innovative solutions. The company's shares surged post-announcement, reflecting positive investor sentiment towards BPCL's hydrogen-centric endeavors.