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BPCL and Mumbai Port Sign MoU for Green Fuel Development

Friday 4th Oct 2024    258
BPCL and Mumbai Port Sign MoU for Green Fuel Development
 
Mumbai :

Bharat Petroleum Corporation (BPCL), a Fortune Global 500 company, has entered into a Memorandum of Understanding (MoU) with the Mumbai Port Authority (MbPA) and the Mumbai Port Sustainability Foundation (MPSF) to establish a green fuels ecosystem at the Mumbai Port. The initiative is aimed at facilitating India’s transition to cleaner energy solutions and lower greenhouse gas emissions.

The MoU was signed in the presence of G. Krishnakumar, Chairman and Managing Director, BPCL; Rajiv Jalota, Chairman, MbPA; and Rahul Tandon, BPCL’s Business Head (I&C). It outlines a partnership aimed at promoting sustainable energy practices, including the introduction of electric vehicle (EV) charging stations at the Mumbai Port and conversion of diesel-powered vessels to cleaner fuel alternatives.

G Krishnakumar stated that the MoU is in line with BPCL's plans for a sustainable future and its target of achieving net zero emissions in Scope 1 and Scope 2 by 2040. He emphasised that BPCL's commitment to sustainable energy in the maritime sector reflects its commitment to social responsibility.

Rahul Tandon said that the partnership with MbPA demonstrates BPCL’s strategic vision to advance the sustainable fuels business. He noted that by leveraging LNG and green energy infrastructure, they aim to transform the future of maritime operations.

Besides setting up green fuel infrastructure, the MoU includes waste management initiatives at Mumbai Port. BPCL and MPSF will collaborate on waste segregation and management systems to ensure a cleaner operational environment, with the expectation of enhancing the green infrastructure of Mumbai Port and reducing its carbon footprint.

 
 
 
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