New Delhi: Bharat Petroleum Corporation Limited (BPCL) on Wednesday announced that it has continued position as the 5th-ranked company in The Business World Real 500 List of 2024. This accomplishment underscores BPCL's unwavering commitment to excellence and highlights its consistent and robust financial performance in a dynamic operating environment, Maharatna PSU said in its official statement.

PSU Watch is now on Whatsapp Channels. Click here to join

"Throughout the first three quarters of the current fiscal year, BPCL has demonstrated agility and resilience in navigating through changing times while remaining firmly committed to the strategic path of energy transition. Our physical and financial performance during this period reflects our dedication to maintaining a growth trajectory amidst challenges," it added.

"In line with our commitment to sustainable development and stakeholder value creation, BPCL has unveiled ambitious investment plans totaling Rs 1.5 lakh crore over the next five years. These investments are not only aimed at strengthening our core business but also at making significant strides in environmental, social, and governance (ESG) initiatives, further solidifying our position as a responsible corporate citizen," it further added.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)