BPCL Joins Forces with Mumbai Port Authority to Establish India’s First Green Fuel Ecosystem
03 Oct 2024 | BPCL
Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, has signed a landmark Memorandum of Understanding (MoU) with Mumbai Port Authority (MbPA) and Mumbai Port Sustainability Foundation (MPSF) to establish a state-of-the-art green fuel ecosystem at Mumbai Port.
The MoU is a pivotal step towards driving India’s transition to cleaner energy solutions. By focusing on green fuel innovations, this initiative aims to significantly reduce greenhouse gas emissions, contributing to the country’s climate change goals. BPCL, MbPA, and MPSF are dedicated to pioneering sustainable practices that align with India’s commitment to environmental stewardship.
The MoU was signed in the presence of Shri G. Krishnakumar, Chairman and Managing Director, BPCL, Shri Rahul Tandon, Business Head (I&C), BPCL, and Shri Rajiv Jalota, Chairperson, Mumbai Port Authority. The agreement was formalized during the launch of the Cruise Bharat Mission, which was inaugurated by Shri Sarbananda Sonowal, Honorable Minister of Ports, Shipping, and Waterways, Government of India.
As part of the initiative, BPCL and MbPA will collaborate to introduce Electric Vehicle (EV) charging stations at Mumbai Port, promoting green energy adoption for port users and the general public. Additionally, the MoU outlines an exploration into the conversion of diesel-powered vessels to cleaner fuel alternatives, further enhancing the port’s green infrastructure and reducing its carbon footprint.
The agreement also includes provisions for waste management, as BPCL and MPSF will work on systems for source segregation, storage, and handling of recyclable and non-recyclable solid waste at Mumbai Port. This initiative promotes socially responsible practices, ensuring a cleaner and more sustainable operational environment.
This MoU further solidifies BPCL's position as a leader in India’s energy transition. By embracing sustainable practices and pioneering green fuel innovations, BPCL continues to drive the nation toward a cleaner, greener future. As part of its long-term vision, BPCL remains dedicated to reducing environmental impact, investing in renewable energy solutions, and contributing to India's global sustainability commitments.
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