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economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
BPCL shares may remain in focus today. Here’s why
Bharat Petroleum Corporation Ltd (BPCL) shares are set to gain investor attention on Wednesday after the company announced its partnership with BluJ Aerospace and KPIT Technologies for various projects. Additionally, BPCL also informed the launch of the 'Emerge' cohort under the BPCL Ankur Fund to support startups.
Here are the details:
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-119189706»> BPCL partners with BluJ Aerospace
BPCL has entered into a partnership with BluJ Aerospace, the Agency for New and Renewable Energy Research and Technology (ANERT), and Cochin International Airport Limited (CIAL) to establish the world’s first hydrogen-powered Vertical Take-Off and Landing (VTOL) aviation ecosystem.
“In a significant advancement in sustainable aviation, Bharat Petroleum Corporation Limited (BPCL) has entered into a quadripartite Memorandum of Understanding (MoU) with BluJ Aerospace, the Agency for New and Renewable Energy Research and Technology (ANERT), Government of Kerala, and Cochin International Airport Limited (CIAL) to develop the first hydrogenfueled Vertical Take-off and Landing (VTOL) aircraft ecosystem globally,” the company said in an exchange filing.
This initiative aligns with India’s net-zero emissions goal and aims to revolutionize urban and regional air mobility using hydrogen-fueled VTOL aircraft. BPCL will play a crucial role by setting up hydrogen refueling stations in Kochi and Trivandrum, further strengthening India’s hydrogen infrastructure.
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