BPCL's Sustainable Innovation: Hydrogen Aviation, Mobility, and Startup Support
Key Ideas
- BPCL partners with BluJ Aerospace, ANERT, and CIAL to establish the world's first hydrogen-powered VTOL aviation ecosystem, aligning with India's net-zero emissions goal.
- Collaboration with KPIT Technologies to introduce hydrogen fuel cell electric buses between Kochi and Trivandrum, supporting India's National Green Hydrogen Mission.
- BPCL launches 'Emerge' cohort under the Ankur Fund to invest in energy efficiency and CGD startups, reinforcing its commitment to sustainability and innovation.
- Since 2016, BPCL's Ankur initiative has supported 30 startups with grants worth approximately Rs 28 crores, driving technological advancements in the energy sector.
Bharat Petroleum Corporation Ltd (BPCL) is set to attract investor attention following its recent announcements of partnership and initiatives. BPCL has partnered with BluJ Aerospace, ANERT, and CIAL to develop the world's first hydrogen-powered Vertical Take-Off and Landing (VTOL) aviation ecosystem in Kochi and Trivandrum. This initiative supports India's net-zero emissions goal and aims to revolutionize urban and regional air mobility with hydrogen-fueled aircraft. Additionally, BPCL has collaborated with KPIT Technologies to introduce hydrogen fuel cell electric buses between Kochi and Trivandrum as part of India's National Green Hydrogen Mission. These efforts include setting up hydrogen refueling stations to support pilot projects in Kerala. Furthermore, BPCL has launched the 'Emerge' cohort under the Ankur Fund, focusing on investing in startups in energy efficiency and city gas distribution (CGD) sectors. The program aims to support early-stage startups with proven concepts, providing up to Rs 5 crore investments. This initiative underscores BPCL's commitment to sustainability and innovation in the energy sector. Since its establishment in 2016, BPCL's Ankur initiative has already supported 30 startups with grants totaling around Rs 28 crores, contributing to technological advancements in the energy industry.