Bharat Petroleum Corporation Ltd (BPCL) has recently announced two joint ventures to bolster its energy transition efforts in India. The first partnership is with Sembcorp Green Hydrogen India Private Ltd (SGHIPL), where they will establish renewable energy and green hydrogen projects across the country. Additionally, BPCL has approved a joint venture with GPS Renewables Private Ltd to set up compressed biogas (CBG) plants in India. These collaborations underline BPCL's commitment to diversifying its operations and supporting India's shift towards green energy. The partnerships will focus on producing, operating, and selling renewable energy, green hydrogen, and its by-products. While awaiting regulatory approvals, the joint ventures are poised to play a significant role in advancing sustainable energy solutions. Despite a slightly lower than expected net profit in the latest quarter, BPCL's shares are trading positively, reflecting investor optimism in the company's green energy ventures and strategic direction.