BPCL board approves Rs. 35,355 crore Capex

BPCL board approves Rs. 35,355 crore Capex

By: ICN Bureau

Last updated : December 22, 2022 10:15 am



BPCL is now developing a CGD network in 25 geographical areas including the above CGDs, covering 62 districts in 14 states


Bharat Petroleum Corporation Limited (BPCL) board at its meeting held on 20th December, 2022 which was continued on 21st December, 2022 has approved the financial plan and capital expenditure (Capex) for laying the piped gas network, building, and operating of 8 City Gas Distribution (CGD) projects authorized to BPCL under PNGRB CGD Bid Round 11 and 11A with an estimated investment of Rs. 35,355 crore in a phased manner.

The said projects would be subject to the requisite approvals of statutory authorities of Government of India.

Accordingly, BPCL is now developing a CGD network in 25 geographical areas including the above CGDs, covering 62 districts in 14 states.

Bharat Petroleum Corporation Limited

First Published : December 22, 2022 12:00 am