Bharat Petroleum Corporation Ltd (BPCL) plans to invest Rs 1.7 lakh crore over the next five years to boost its core businesses, including oil refining and fuel marketing, as well as in petrochemicals, green energy, and other future areas. The company's 'Project Aspire' aims to create long-term value while transitioning towards a more sustainable energy model. BPCL is targeting net zero carbon emissions by 2040 by investing in renewable energy projects such as wind and solar power, green hydrogen, and electric mobility infrastructure. The firm is expanding petrochemical projects at its Bina and Kochi refineries and is considering additional capacities in Andhra Pradesh. Furthermore, BPCL is actively involved in biofuels, setting up compressed biogas plants, and investing in startups through a venture capital fund to support the adoption of cleaner fuels in India.