BPCL, Mumbai Port Authority Join Hands for India’s First Green Fuel Ecosystem

MUMBAI, OCTOBER 3, 2024,In a significant step towards reducing India’s carbon footprint, Bharat Petroleum Corporation Limited (BPCL) has signed a landmark MoU with Mumbai Port Authority (MbPA) and Mumbai Port Sustainability Foundation (MPSF) to establish a state-of-the-art green fuel ecosystem at Mumbai Port. GREEN ENERGY REVOLUTION This initiative aims to drive India’s transition to cleaner energy solutions, aligning with the country’s climate change goals. BPCL, MbPA, and MPSF will pioneer sustainable practices, leveraging green fuel innovations. KEY TAKEAWAYS – India’s first green fuel ecosystem at Mumbai Port – Reduction of greenhouse gas emissions – Alignment with India’s climate change goals – Sustainable energy solutions for maritime sector – Net-zero emissions target by 2040 BPCL CHAIRMAN’S VISION “This MoU is consistent with BPCL’s plans towards a sustainable tomorrow… Enabling sustainable energy solutions like LNG and EV for the maritime sector is part of our endeavour to demonstrate social responsibility,” said Shri G. Krishna Kumar, Chairman & Managing Director, BPCL. GOVERNMENT SUPPORT The MoU was signed in the presence of Mr. Sarbananda Sonowal, Honorable Minister of Ports, Shipping, and Waterways, Government of India, during the launch of the Cruise Bharat Mission.