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BPCL Pioneers Hydrogen-Powered Aviation Ecosystem

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BPCL Pioneers Hydrogen-Powered Aviation Ecosystem

An announcement from Bharat Petroleum Corporation Limited ( (IN:BPCL) ) is now available.

Bharat Petroleum Corporation Limited (BPCL) has announced a groundbreaking collaboration with BluJ Aerospace, ANERT, and Cochin International Airport Limited to develop the world’s first hydrogen-powered VTOL (Vertical Take-off and Landing) aviation ecosystem. This initiative is a significant step towards achieving India’s Net Zero emissions goal by 2070 and aims to revolutionize urban and regional air mobility by integrating green hydrogen-powered VTOL aircraft. BPCL will play a crucial role by establishing hydrogen refueling infrastructure and engaging in research and development to advance hydrogen technology capabilities. This strategic alliance underscores BPCL’s commitment to leading in clean energy solutions and promoting hydrogen mobility through Kerala’s Hydrogen Valley Program.

More about Bharat Petroleum Corporation Limited

Bharat Petroleum Corporation Limited (BPCL) is a leading company in the energy sector, primarily focused on refining and marketing petroleum products. It is a government-owned enterprise in India, with a significant emphasis on innovation and sustainable energy solutions.

YTD Price Performance: -9.66%

Average Trading Volume: 382,647

Current Market Cap: 1146.4B INR

Learn more about BPCL stock on TipRanks’ Stock Analysis page.

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