Bharat Petroleum Corporation Ltd. (BPCL) is set to invest Rs 1.7 lakh crore over the next five years to expand its core oil refining and fuel marketing businesses and venture into new sectors such as petrochemicals and green energy. The company's 'Project Aspire' focuses on nurturing the core areas of refining, marketing, and petroleum products while also investing in future big bets like petrochemicals, gas, green energy, non-fuel retail, and digital initiatives. BPCL is implementing petrochemical projects at its oil refineries, with plans for ethylene cracker and polypropylene projects. The company aims to achieve net zero carbon emissions by 2040 and is actively developing renewable energy capacity, including wind power, solar projects, and green hydrogen. With a strong emphasis on biofuels, BPCL is advancing in the adoption of compressed biogas (CBG) and EV charging stations to support cleaner fuel options across the country. The company also plans to install fast chargers at retail outlets and has set ambitious targets to meet a significant portion of India's energy demand by 2047. BPCL's strategic investments and green initiatives align with India's vision for a greener fuel mix and economic growth in the energy sector.