Bharat Petroleum Corporation Ltd Share Price – NSE  / BSE

Refineries, Mid Cap

Bharat Petroleum Corporation will hold a meeting of the Board of Directors of the Company on 12 May 2026.

Sanjay Khanna is a Chemical Engineering graduate from National Institute of Technology, Tiruchirapalli and Postgraduate in Finance Management from Mumbai University.

He has over three decades of experience in refinery operations and technical services. He anchored several prestigious projects for setting up new process units in Refineries at Mumbai, Kochi and Numaligarh. Prior to becoming Director (Refineries) he headed Kochi and Mumbai Refineries of BPCL.

He also serves as a director on the boards of Bharat PetroResources, Petronet LNG and Ratnagiri Refinery and Petrochemicals. Additionally, Khanna is also the current chairperson of ?Technical Committee for Petroleum Refineries? under the Ministry of Petroleum and Natural Gas (MoP&NG).

Meanwhile, the company announced that it has installed Vapour Recovery Systems (VRS) at all the 41 storage locations, as mandated by CPCB, by March 2025.

Earlier, the Central Pollution Control Board (CPCB) had directed BPCL to pay Environmental Compensation of Rs 1 crore for not installing Vapour Recovery Systems (VRS) at storage locations within the CPCB prescribed timelines i.e. by March 2024. The company had challenged the order before the National Green Tribunal (NGT). However, as per the tribunal?s order received on 7 April 2026, BPCL has been directed to comply with CPCB?s directions and pay the Rs 1 crore penalty.

Bharat Petroleum Corporation is a public sector company which is engaged in the business of refining of crude oil and marketing petroleum products.

The company reported a 62.29% jump in standalone net profit to Rs 7,545.27 crore in Q3 FY26 as against Rs 4,649.20 crore posted in Q3 FY25. Net sales (excluding excise duty) rose 5.18% YoY to Rs 1,18,999.37 crore in the December 2025 quarter.

The counter shed 0.25% to Rs 297.30 on the BSE.

The project involves setting up a dedicated green hydrogen production facility at NRL?s refinery, with commercial operations targeted for 2028.

The contract includes a long-term offtake arrangement and was awarded through a competitive bidding process, with the tariff reportedly the lowest discovered to date.

This marks BPCL?s entry into large-scale green hydrogen supply, aligned with its energy transition strategy, and provides early-mover positioning in industrial decarbonisation within the refining segment.

The execution will involve renewable energy integration with storage to ensure round-the-clock electrolyser operations.

NeuEN Green Energy is a 50:50 joint venture between Bharat Petroleum Corporation (BPCL) and Sembcorp Green Hydrogen India, which is a wholly owned subsidiary of Sembcorp Industries.

Headquartered in Singapore, Sembcorp delivers sustainable solutions to support energy transition and urban development by leveraging its sector expertise and global track record.

Bharat Petroleum Corporation is a public sector company which is engaged in the business of refining of crude oil and marketing petroleum products.

The company reported a 62.29% jump in standalone net profit to Rs 7,545.27 crore in Q3 FY26 as against Rs 4,649.20 crore posted in Q3 FY25. Net sales (excluding excise duty) rose 5.18% YoY to Rs 1,18,999.37 crore in the December 2025 quarter.

The scrip had risen 3.96% to end at Rs 282.25 on the BSE today.

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Bharat Petroleum Corporation has marked a significant milestone in India's clean energy transition with NeuEN Green Energy (NeuEN) securing a contract to supply 10,000 tonnes per annum (10KTPA) of green hydrogen to Numaligarh Refinery (NRL).

NeuEN Green Energy, a 50:50 joint venture between Bharat Petroleum Corporation (BPCL) and Sembcorp Green Hydrogen India, a wholly owned subsidiary of Sembcorp Industries, represents BPCL's strategic foray into renewable energy and large-scale green hydrogen development. The award reinforces BPCL's commitment to accelerating the greenification of India's refining and industrial ecosystem by integrating green hydrogen into core operations, aligned with national energy transition priorities and long-term decarbonisation goals. Notably, the project has achieved the most competitive rate discovered till date, marking a significant milestone in the commercial viability of green hydrogen in India.

Under the contract, the joint venture will develop a 10KTPA green hydrogen production facility at NRL's refinery in Assam, supported by a long-term offtake arrangement. The project is expected to begin commercial operations in 2028, and will integrate renewable energy with advanced storage solutions to enable reliable, round-the-clock operations to support refinery decarbonisation.

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