Bharat Petroleum Corporation Limited
Bharat Petroleum Corporation Limited (BPCL) is an Indian government-owned oil and gas corporation. It is under the ownership of Ministry of Petroleum and Natural Gas, Government of India, headquartered in Mumbai, Maharashtra. It operates two large refineries in Kochi and Mumbai. India’s second-largest downstream oil company, it was ranked 309th on the 2020 Fortune list of the world’s biggest corporations, and 792nd on Forbes’s 2021 “Global 2000” list.
BPCL under its CSR intervention focuses in five core areas – Education, Water Conservation, Health & Hygiene, Skill Development, and Community Development
Project Akshar, being undertaken at Nandurbar in Maharashtra and Sagar in Madhya Pradesh, covers 1,059 villages, with no school left behind, thus touching the lives of more than one lakh underprivileged pupils in this area. BPCL is supporting construction of 80 additional classrooms with allied facilities in identified 30 Government Primary Schools. The allied facilities include benches, desks, tables, chairs, etc. and the project aims to create an advantageous & safe learning atmosphere for the school students. A new hostel block for women at the Indian Institute of Science is supported by BPCL under its CSR interventions.
Project BOOND is reflected in the fact that it has converted more than 230 villages from ‘water scarce’ to ‘water positive’ – a feat considered difficult, or even impossible, only a few years ago. BPCL has installed Reverse Osmosis(RO) plants for providing clean drinking water in schools, bus stands and other public spaces.
Covid-19 Responses:
Bharat Forge, the flagship company of Kalyani Group & Other Kalyani Group companies has pledged assistance via direct contribution of Rs 25 Crores to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PMCARES Fund) to fight against the COVID-19 pandemic.
Their shareholding pattern consists of Promoters and Promoter Group having 52.98% of shares, Non-Promoter-Non Public group having 0.32%, Government having 0.86%, Public having 10.86% shares followed by FII’s having 12.63% shares and DII’s with 22.36% shares.
