INSUBCONTINENT EXCLUSIVE:
This MoU is consistent with BPCL's plans towards a sustainable tomorrow
Photo: Shutterstock2 min read Last Updated : Oct 03 2024 | 2:22 PM IST
State-owned BPCL has inked an initial pact with Mumbai Port
Authority and Mumbai Port Sustainability Foundation (MPSF) for setting up a green fuel ecosystem at the port.
The MoU is a pivotal step
towards driving India's transition to cleaner energy solutions
By focusing on green fuel innovations, this initiative aims to significantly reduce greenhouse gas emissions, contributing to the country's
climate change goals, a BPCL statement said.Click here to connect with us on WhatsApp
Additionally, the pact outlines an exploration into
the conversion of diesel-powered vessels to cleaner fuel alternatives, further enhancing the port's green infrastructure and reducing its
Shipping and Waterways Sarbananda Sonowal at Mumbai Port earlier this week, according to BPCL.
As part of the initiative, the two partners
will jointly set up EV charging stations at Mumbai Port, promoting green energy adoption for port users and the general public, Bharat
Petroleum Corporation Limited (BPCL) said.
"This MoU is consistent with BPCL's plans towards a sustainable tomorrow alongside our own
aspiration to achieve net zero emissions in Scope 1 and Scope 2 by 2040
Enabling sustainable energy solutions like LNG and EV for the maritime sector is part of our endeavour to demonstrate social responsibility
and partnering for our sustainable growth with that of the communities we serve," said G Krishna Kumar, Chairman - Managing Director,
BPCL.
The agreement also includes provisions for waste management, as BPCL and MPSF will work on systems for source segregation, storage,
and handling of recyclable and non-recyclable solid waste at Mumbai Port, it said, adding this initiative promotes socially responsible
practices, ensuring a cleaner and more sustainable operational environment.
"Our partnership with MbPA is a testament to BPCL's strategic
vision of advancing the sustainable fuels business
By leveraging LNG and green energy infrastructure, we aim to reshape the future of maritime operations
This collaboration reflects our commitment to driving innovation in fuel solutions that not only reduce carbon emissions but also create
long-term value for the environment and the industry," said Rahul Tandon, Business Head (I-C), BPCL.
This collaboration exemplifies the
use of innovative technologies and solutions to drive research and development in the energy sector
BPCL's leadership in this space reinforces its role in shaping India's sustainable future, making Mumbai Port a model of environmental
responsibility for ports nationwide, the company said.(Only the headline and picture of this report may have been reworked by the Business
Standard staff; the rest of the content is auto-generated from a syndicated feed.)First Published: Oct 03 2024 | 2:22 PMIST
