BPCL, a state-owned corporation, has chosen Andhra Pradesh as the location for a new oil refinery-cum-petrochemical complex, which is expected to be the last greenfield project in India amid an ambitious energy transition plan towards achieving net zero emissions. The project, estimated at Rs 6,100 crore, will involve pre-project activities such as detailed feasibility reports, land acquisition, and environmental impact assessments. While specific details like capacity and completion timelines were not disclosed, the refinery is anticipated to have at least a 9 million tonnes capacity. This initiative comes as BPCL looks to expand its operations, especially after losing a privatisation bid for a refinery. The company is also actively investing in renewable energy ventures, aiming to meet 7-10% of India's energy demand by 2047 and achieve net zero carbon emissions by 2040. BPCL's aggressive targets include building renewable energy capacity, investing in green hydrogen, biogas, and solar projects, and focusing on energy efficiency and carbon capture technologies.