#bharat petroleum

[bharatpetroleumoil]

https://www.bharatpetroleum.in/

Explore Bharat Petroleum's extensive network of over 20,000 fuel stations across India, serving 20 million customers daily. From quality fuel to SAP certification and cutting-edge research, BPCL is committed to energizing your journeys. Visit now to learn more and join the millions who trust BPCL for their fuel needs.

[classic-tenders]

From Search to Submission: How to Bid on Bharat Electronics Limited and Bharat Petroleum Corporation Limited Tenders Effectively

Securing Bharat Electronics Limited (BEL) and Bharat Petroleum Corporation Limited (BPCL) tenders can be highly beneficial for your business. To increase your chances of success, regularly monitor tender portals, thoroughly review tender documents, and ensure your bids are well-structured, addressing both technical and financial requirements. Prepare necessary documentation, meet all eligibility criteria, and ensure compliance with submission deadlines. Consulting with a tender advisor can also help streamline the process and improve your bid quality. By following these steps and focusing on accurate, competitive bids, you can maximize your potential to secure valuable government contracts. For more details, visit: From Search to Submission: How to Bid on Bharat Electronics Limited and Bharat Petroleum Corporation Limited Tenders Effectively

[bharatpetroleum]

Major Commercial LPG Providers in India

While households and individuals need Liquified Petroleum Gas or LPG cylinders at home for cooking and related purposes, there’re also commercial establishments that require the facility.

These commercial establishments include hotels, restaurants and canteens as well as industries of various sizes. While some of these commercial establishments such as restaurants use LPG cylinders for preparing food, others use them for use with Oxyacetylene and other gases for welding or running certain types of machinery.

Thankfully, India has five major commercial LPG providers located across the country. These large corporations provide commercial-use LPG cylinders at competitive rates to consumers. Actually, there’s a slight difference in the commercial LPG cylinders that these companies supply for domestic or household consumption and the ones provided to commercial establishments.

Therefore, let’s first understand the basic differences between the LPG gas cylinders provided for domestic and commercial uses.

Differences Between LPG Gas Cylinders for Domestic & Commercial Use

There are several differences between an LPG cylinder for commercial use and those for households. However, the contents of both remain the same, which is Liquified Petroleum Gas or LPG.

Remember, LPG should not be mistaken for Liquified Natural Gas or LNG which is also sold in cylinders in some parts of India and usually piped to homes and commercial establishments in megacities including Mumbai and New Delhi, among others.

To begin with, LPG cylinders for commercial use come in two sizes: 19kg and 47.5kg. In some places, you might get an LPG gas cylinder for commercial use whose weight would vary slightly from the ones I mention here. However, this difference would generally be less than 1kg per cylinder.

The second prominent difference lies in the appearance of commercial LPG cylinders. While those for domestic uses are painted fully red, their commercial variants usually carry two or more colors. For example, a commercial LPG cylinder from Bharat Gas will be painted red from the middle to bottom while its topside will be yellow. Other companies use a combination of blue and red or red and white and so on.

The third and perhaps the most significant difference is the pricing. Commercial use LPG cylinders cost more than their domestic variants. The price of a commercial LPG cylinder is dictated by global crude oil prices and their fluctuations.

Hence, manufacturers price them to buffer against any such fluctuations in crude oil rates. This means, the price of a commercial LPG cylinder is always higher than their domestic variants. Furthermore, domestic LPG cylinders attract subsidies from the Indian government, which keeps prices low. There’re no subsidies for commercial LPG cylinders.

While you can get a domestic LPG connection from Bharat Gas and others free of cost under the Pradhan Mantri Ujwala Yojana, there are no such schemes for free commercial LPG cylinders.

And finally, its easier to get a domestic LPG cylinder refill because companies such as Bharat Gas have a network of tens of thousands of local distributors. Unfortunately, not many distributors stock and sell refills for commercial LPG cylinders. This scenario however is changing rapidly as more and more LPG distributors across India are witnessing a surge in demand for commercial LPG cylinders too.

Usually, domestic LPG consumers can get home delivery of their refill cylinder while commercial LPG users might often have to fetch one from their nearest dealership or the company depot.

Top Commercial LPG Providers in India

Now, if you wish to avail a commercial LPG connection in India, there’re as many as five major providers you could choose from. Earlier, domestic and commercial LPG cylinders were a state-owned monopoly.

Thanks to the liberalization of the Indian economy over the last 10 years, a few private sector players are now also actively engaged in this field. This has made the domestic and commercial LPG market in India more competitive, with consumers getting better service as companies vie for a larger slice of the market share.

Here are the five main players in India’s commercial LPG cylinder industry.

Bharat Gas

Bharat Gas is the brand name for LPG cylinders and service of the Maharatna company, Bharat Petroleum Corporation Ltd (BPCL). As a matter of fact, Bharat Gas also holds the title as being India’s first and oldest LPG supplier.

The company began providing LPG cylinders in 1955 under the erstwhile brand, Burmah Shell and commonly called Burshane. In those days, there were only two LPG suppliers in India with Burmah Shell (Bharat Gas) holding one side of the market and Esso, a brand of ExxonMobil and processed by Indian Oil domestically. Esso was eventually bought over in India by the Central government.

Indane

Indane is the brand name of the second oldest and largest supplier of LPG gas cylinders in the country, Indian Oil Corporation or IOCL. The company is owned by the Indian government and also ranks among its Maharatna portfolio. Indane supplies both, domestic and commercial LPG to consumers across the country. It has an enviable network of distributors across India.

Indane is the successor of the earlier foreign brand of LPG cylinders that were sold under the brand name Esso. Upon nationalization by the Indian government, Esso became part of Indane. Though Esso gas is now extinct in India, bulk of its consumers were successfully migrated to Indane, Hindustan Petroleum, and Bharat Gas.

Hindustan Petroleum

Another Maharatna company, Hindustan Petroleum Corporation Ltd or HPCL entered the LPG market in 1979.  Hindustan Petroleum took over a company known as Kosan and took over part of the operations of the erstwhile Esso along with Indian Oil. 

HPs entry in the commercial and domestic market was much awaited by consumers since an acute shortage of LPG cylinders was being witnessed across India and people in some areas had to wait for as long as a fortnight to get a refill. This has led to a flourishing black market in the domestic and commercial LPG refill market. HPs entry into the market effectively ended the black market.

Supergas

Supergas is a relatively new player in the commercial and domestic LPG cylinder market in India. The company began operations in 1996 with a small presence in Gujarat state and since has spread to various other states in the country.

Supergas also took over Maha Gas and has been building new facilities in Maharashtra and Gujarat among other places. Supergas is owned by SHV Energy Pvt. Ltd. If you live in an area covered by Supergas, explore the various kinds of commercial and domestic gas connections they offer. As a private sector player in the market, this company has made rapid strides and captured a sizeable chunk of consumers.

Difference in LPG and LNG

In India, there’s a lot of talk about piped gas replacing the traditional and decades-old system of LPG cylinders for domestic and commercial uses. Indeed, the shift from gas cylinders to piped gas is occurring, albeit at a slower pace than expected. Primarily, the metros of India including megacities, and Tier-1 and Tier-2 cities are the first ones that would be seeing piped gas. That’s because of the high demand which makes it easier to build gas supply networks compared to rural parts where the population lives over a scattered area.

LPG or Liquified Petroleum Gas is sold in cylinders while that piped to your home would be Liquified Natural Gas.  The two are totally different and come from different sources. LNG is said to be a green gas and hence, environment friendly. Using LNG could help India reduce its global carbon footprint. LPG on the other hand is a combination of two gases, Propane and Butane. LNG is generally Methane and some trace gases. Worldwide, there is a significant acceptance of LNG as the awareness of environmental preservation grows.

Wrap Up

As we can see, there are four main providers of LPG cylinders for commercial users in India. These four providers help fuel Indian restaurants, canteens, hotels, hospitals, military installations, and other businesses.

Three of the providers are Maharatna companies owned by the Indian government while one is a private sector enterprise. Interestingly, we might not see any newcomers in the LPG commercial and domestic cylinder business anymore.

This is due to the growing use of LNG and piped gas in India. Furthermore, India is buying bulk LNG through long-term deals with Qatar and the US. More deals with other major LNG producers, especially Iran and Russia can be expected in the near future.

[gaadikey]

Tata and BPCL collaborate to add 7000 Public Charging Stations across India

Bharat Petroleum Corporation Limited (BPCL), a Fortune 500 and a Fully Integrated Maharatna Energy Company and Tata Passenger Electric Mobility Ltd. (TPEM), known for pioneering India’s electric vehicle revolution, have signed an MOU to collaborate in establishing public charging stations across India. The collaboration will leverage BPCL’s widespread fuel stations network and TPEM’s insights…

[crushfin]

The Inspiring Journey of Krishnakumar Gopalan: From Humble Beginning to Business Success- BPCL Chairman

Krishnakumar Gopalan’s journey from humble beginnings to business success serves as a testament to the power of persistence and resilience. His story inspires individuals from all walks of life to pursue their dreams with unwavering determination, demonstrating that with hard work and vision, anything is attainable.  He is an Electrical Engineer from NIT (erstwhile Regional Engineering College),…

[gadgets-ark]

Medhaavi Engineering Scholarship Program 2023-24: last date, online apply

The Medhaavi Engineering Scholarship Program 2023-24 is a remarkable Corporate Social Responsibility (CSR) initiative by Bharat Petroleum Corporation Limited (BPCL). This program is designed to provide invaluable financial support to underprivileged students pursuing undergraduate engineering degrees at 20 prestigious National Institutes of Technology (NITs) across India. The primary goal is to…

[velvexlubricants]

Superior Lubricant Oil  Company Produced by Velvex

India is the world’s third-largest lubricant market, next only to the US and China, ahead of Japan, Russia, and Brazil, with a total consumption of approximately 2.4 billion liters.

The Indian lubricants market remains one of the growth prospects in an otherwise flat global market; however, it has its challenges. The year 2019 was significant for the Indian economy; however, the slowdown in the global economy has caught up with the Indian economy, as it consistently registered downward revisions in its economic outlook. This directly impacted automobile production, with the most severe shrinkage, observed in commercial vehicles production. This immediately impacted first-fill demand; a cascading effect on the service-fill market is anticipated.

Velvex formed by the Nandan group of companies is the fastest growing Lubricants oil company that provides petroleum derivatives, and food products catering to multi-disciplinary industries. The Nandan group of companies works with a mission to provide quality products and services to the customers through efficient systems. The group works with a vision to become leaders in manufacturing genuine oils, greases, and specialty oils with a momentous presence in the industry.

About Us : 

Velvex formed by the Nandan group of companies is the fastest growing company that provides lubricants, petroleum derivatives, and food products catering to multi-disciplinary industries. The Nandan group of companies works with a mission to provide quality products and services to the customers through efficient systems. The group works with a vision to become leaders in manufacturing genuine oils, greases, and specialty oils with a momentous presence in the industry. The group works enthusiastically to bring change in the oil sector by ensuring growth and progress with growing time. The group works to provide innovative ways to enhance the stockholder values and create growth opportunities for the employees. The NPL BlueSky has been awarded as the supplier of the year by the TATA MOTORS in the Annual Vendor meet for the year 2018-2019. Winning many accolades Nandan group of companies works towards building a positive future. It is one of the oldest and the largest contract blending and filling specialists in India.

The Overview Of Lubricant Or Engine Oil Companies In The Perspective Of India :

India is the world’s third-largest lubricant market, next only to the US and China, ahead of Japan, Russia, and Brazil, with a total consumption of approximately 2.4 billion liters.

The Indian lubricants market remains one of the growth prospects in an otherwise flat global market; however, it has its challenges. The year 2019 was significant for the Indian economy; however, the slowdown in the global economy has caught up with the Indian economy, as it consistently registered downward revisions in its economic outlook. This directly impacted automobile production, with the most severe shrinkage, observed in commercial vehicles production. This immediately impacted first-fill demand; a cascading effect on the service-fill market is anticipated.

The Indian lubricant market is fiercely competitive, characterized by the presence of nationalized oil companies (NOC) such as Hindustan Petroleum (HPCL), Indian Oil (IOCL), and Bharat Petroleum (BPCL); international lubricant marketers such as Shell, Valvoline, Total, and ExxonMobil; and, homegrown marketers including Gulf Oil, Raj Petro, Savita, Columbia, and Apar falls under top 20 lubricant companies in India. Over the past five to six years, HPCL has swiftly expanded its market share in addition to lubricants and the process oil segment over the past five to six years.

Contact Us  Today :

Address :   C-201, Lotus corporate park, Ram Mandir Lane, Jay coach junction, Western express highway, Goregaon east, Mumbai - 400063

Contact Info :    +91-22-42577200

Facebook   :       https://www.facebook.com/Velvex.in/

Twitter        :       https://twitter.com/velvex_in/

Linkedin     :      https://in.linkedin.com/company/velvexmotoroil

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Website     :       https://www.velvex.in/

[indianpetrochem6]

LDPE (1070LA17) prices down in Ahmedabad market

On November 21, 2024, the Ahmedabad polymer market saw a cut in LDPE (1070LA17) prices.Today, LDPE (1070LA17) prices dropped from Rs.136/Kg to Rs.135/Kg, marking a Re.1/Kg decrease. This decline underscores a fluctuation in market conditions within the petrochemical sector. Some of the major Indian manufacturers of LDPE, including the 1070LA17 grade, are 1.Reliance Industries Limited (RIL), 2.Indian Oil Corporation Limited (IOCL), 3.Bharat Petroleum Corporation Limited (BPCL), 4.Hindustan Petroleum Corporation Limited (HPCL), 5.GAIL India Limited. Keys of Global production 1.SABIC (Saudi Basic Industries Corporation), 2.Dow Chemical, 3.INEOS and 4.LG Chem. The packaging industry, agriculture, and consumer goods sectors. While specific figures for LDPE 1070LA17 may vary depending on the region and its specific applications (mainly in films and flexible packaging), the overall LDPE market is projected to grow at a compound annual growth rate (CAGR) in the range of 3% to 5% over the next few years, depending on the source and market conditions. Indian LDPE Prices, LDPE Prices In India #Indian Prices LDPE #Indianpetrochem.

[jaagrukbharat]

How Can You Book LPG Through WhatsApp? Indane, HP & Bharat Gas

https://www.jaagrukbharat.com/How-Can-You-Book-LPG-Through-WhatsApp-NDA4

According to statistics, there are over 300 million LPG (Liquified Petroleum Gas) users in India. But LPG gas booking has always been a hassle. That is why various gas companies like HP, and Indane LPG gas booking have now moved to WhatsApp for a simplified and hassle-free booking of gas cylinders.

[123567-9qaaq9]

White Oil Market , Key Players, Market Size, Future Outlook | BIS Research 

White oil refers to a highly refined, odorless, colorless mineral oil derived from petroleum. It is commonly used in a variety of industries due to its purity and stability. In pharmaceuticals and cosmetics, it serves as a base for lotions, creams, and ointments. 

The global White Oil market is projected to reach $8,597.6 million by 2034 from $3,580.0 Million in 2023, growing at a CAGR of 8.24% during the forecast period 2024-2034.

White Oil Overview 

White oil is a purified, colorless, and odorless mineral oil made from petroleum. It is known for its high degree of refinement, which removes impurities and makes it safe for use in sensitive applications. 

There are two main types of white oil: light white oil and heavy white oil, with the key difference being their viscosity. Light white oil is typically used in the pharmaceutical and cosmetic industries, while heavy white oil is more common in industrial applications and as a lubricant.

Applications for White Oil Market 

Pharmaceuticals and Heathcare 

Cosmetics and Personal Care 

Food Industry 

Agriculture 

Industrial Applications 

Grab a look at our report page click here! 

Market Trends 

Increasing demand from emerging economies 

Shift towards eco friendly products 

Technological Advancements in refining 

Market Drivers 

Growing healthcare and personal care sectors 

Rise in demand for organic and chemical free products 

Rising consumer awareness 

Industrial Growth 

Market Segmentation

1 By Product Type 

Mineral White Oil 

Synthetic White Oil 

2 By Grade Type 

3 By Application 

4 By Functionality Type 

5 By Region 

Grab a look at our sample page click here! 

Key Companies 

Bharat Petroleum Corporation Limited

BP p.l.c.

Chevron Corporation

Gandhar Oil Refinery

Exxon Mobil Corporation

FUCHS

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Recent Developments in the White Oil Market

• In February 2024, Chevron Lummus Global LLC (CLG) launched a state-of-the-art white oil hydroprocessing unit at Hongrun Petrochemical (Weifang) Co., Ltd. in Shandong Province, China. This facility integrates CLG’s advanced ISODEWAXING and ISOFINISHING technologies, enabling the production of ultra-pure white oil tailored to specific industrial needs. The complex includes two specialized units, i.e., one with a capacity of 500,000 metric tons per year (MTPA) for API Group III industrial-grade white oil and another producing 200,000 tons per year (TPA) of food-grade white oil.

Key Market Drivers 

Growth in automotive sectors 

Expanding pharmaceutical and personal care industry 

Rising plastic production 

Future Outlook

The white oil market is expected to continue its upward trajectory, fueled by the growth of the pharmaceutical, personal care, and food industries. By 2030, the market for white oil is projected to expand significantly, particularly in emerging markets where urbanization, industrialization, and disposable income are on the rise.

Conclusion 

The white oil market is poised for continued growth, with its broad range of applications in industries like healthcare, cosmetics, food, and agriculture. As consumer preferences shift towards safer, more sustainable products, the demand for high-quality, refined white oil will remain strong. Technological advancements and a growing focus on eco-friendly production methods will further contribute to market expansion, making white oil a key ingredient in many of the products people use every day.

[ospreynesthomes]

Charms Global City #Ambernath MAHARERA NO : P51700021983 Dear sir / Madam' Greetings for the day Suraj here From *Charms Global City, Ambernath East ➤ MIVAAN construction technology ➤ Highway Touch Project ➤ 5 Towers | 900+ Flats ➤ 8000 sq.ft. Lavish Clubhouse ➤ Just 08 Minutes Drive from Ambernath Railway Station East ➤ Biggest Township of Ambernath with 15+ Amenities ➤ Luxurious 1 & 2 BHK Master Bedroom Flat ➤ Commercial Shops with 16 Ft Height ABOUT Charms Global City Available Area and price ➤ 1 BHK 429 sqft Carpet ₹33 Lacs onwards ➤ 2 BHK 534 sqft Carpet ₹43 Lacs onwards ➤ Shop 245 sqft Carpet ₹66 Lacs onwards COMMUNICATION AT ITS BEST Nearby location Distance :- Pipeline Highway ➤ Highway Touch Project RAILWAY STATION ➤ Ambernath East - 2.5km SCHOOL / COLLEGE ➤ Jondale Polytechnic – 5 mins ➤ Arya Gurukul School – 10mins walking ➤ Ryan International school – 15 mins walking ➤ Infant Jesus school – 6 mins BANK ➤ Axis Bank – 10 mins ➤ HDFC Bank – 15 mins ➤ Punjab National Bank – 15 mins ➤ Canera Bank- 10mins SHOPPING ➤ D'Mart – 6 mins (3 D'mart nearby vicinity) ➤ Reliance Fresh - 10 mins Walking ➤ Mahanagar Gas - 3 mins ➤ Bharat Petroleum – 6 mins Foods / Hotels ➤ Hotel Sudama – 3 mins ➤ Hotel Mayur – 1 mins ➤ Golden Punjab – 5 mins Address Charms Global City Pipeline Road, Navare Nagar, Ambernath East, Maharashtra 421501 https://maps.app.goo.gl/6Z5H4AP5tCqjeSQo6 Our sales Gallery is all set to host you. Kindly connect with us for more Information about our project, Happy to assist you This project has been registered via MAHARERA NO: P51700021983 and is available on the website https://maharera.mahaonline.gov.in under registered projects.

[trendingreportz]

Guar Gum Market - Forecast(2024 - 2030)

Guar Gum Market Overview:

Guar Gum Market Size is forecast to reach $2521.2 Million by 2030, at a CAGR of 7.70% during forecast period 2024-2030.Increasing import value of guar gum across the world is elevating the demand and preference for guar gum. Import value of “Thickeners and mucilages derived from guar seeds” is recorded as $1.08m in 2018, experienced a 14% annual growth in import value during 2024-2030. IndustryARC’s latest market research report states that the global guar gum market was valued at $790m in 2018 and is estimated to propel with a healthy CAGR of 7.40% throughout the foreseen period 2024-2030.

North America region occupied a domineering share of 52% in the global guar gum market as of 2018. U.S. is the largest importer of mucilages and thickeners, derived from locust beans, and guar seeds in 2018. It has recorded an import value of $435,573 in 2018, and experienced a 3% annual growth in the import value from 2017 to 2018. In addition to this, U.S. has also established itself as a leading country with a 40.5% share in the worldwide guar gum imports. These factors altogether add value to the North America share in the global gum market.

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Guar Gum Market Outlook:

Guar gum is a galactomannan polysaccharide which has been taken out from guar beans. Guar gum fibers and additives offer improved thickening and binding abilities to the food products and gaining traction of recurring and loyal customers who come back for more products. Thus, the demand for Eco-friendly organic guar gum is increasing in various countries. This product's trade process usually take place in two major forms such as guar gum powder and guar gum splits.  

Demand for guar gum continues to rise in the crude oil industry. As, it is a very important aid in the oil well drilling. Additionally it is extremely useful in oil well stimulation, oil well fracturing and mud drilling. Underground natural gas reservoirs are treated through hydraulic fracturing process in which a mixture of guar gum and water-based fracturing fluids has to be pumped out. Growing demand for guar gum by the fracturing fluids is gaining traction of the guar gum exporters.

Guar Gum Market Growth Drivers:

· Food Industry

Guar gum powder is widely utilized in the preparation of gluten-free pastries, noodles, jams, vegan food and ice cream. This powder has a wide variety of applications in salad dressings, soups, and sauces to control the thickness level and to provide smooth texture to the food. As it is the most effective natural thickener used in the food. Guar gum powder is the most potent agent for perfect baking. It also preferred as an additive in the food industry. In addition to this, guar gum is used in the vegan food because it act as a vegan friendly gelatin alternative and helpful in thickening the texture of a liquid. 

· Petroleum Industry

Guar gum and its derivatives have a larger scope of expansion through wide range of applications in the petroleum industry. Because they were used as elements in numerous formulations which includes corrosion inhibition, enhanced oil recovery, fracturing fluids, and viscosity improvers.

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Guar Gum Market Trend

· Oil & Gas Industry

Guar gum powder is dynamically ideal solution for oil and gas recovery from oceans, due to its properties such as high viscosity, nonionic nature and others. Guar gum is used to control water and fluid loss, provide cooling and lubrication to drill bits, act as a shale inhibitor and solids carrier as well. Therefore, these multifunctions of guar gum are increasing its growth in oil and well drilling.

Guar Gum Market Key Players Perspective –

Some of the major guar gum market share players evolving in the global guar gum market are noted as Hindustan Gum & Chemicals Ltd., Jai Bharat Gum and Chemicals Ltd, Shree Ram Industries, rama gum industries limited, Tiku Ram Gum & Chemicals Pvt. Ltd., Dabur India Ltd., Guangrao Liuhe Chemicals Co. Ltd., Sarda Gums and Chemicals, Global Gums & Chemicals Pvt. Ltd., Ingredion Incorporated, and Supreme Gums Pvt. Ltd.

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Guar Gum Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the guar gum market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The guar gum market research report also analyses the application of the guar gum in various industries such as food & beverages, pharmaceuticals and others.  

Guar Gum Market Report: Industry Coverage

This report also documents the guar gum market based on functions that includes thickening, gelling agent, stabilizing, fat replacer, emulsification and preservative functions.

The guar gum market report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:

North America: The U.S., Canada, Mexico

South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark

APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong

Middle East and Africa: Israel, South Africa, Saudi Arabia

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Key Market Players:

The Top 5 companies in the Guar Gum Market are:

Cargill Inc

Ingredion

Vikas WSP

Neelkanth Polymers

Virdhara International

[news365timesindia]

[ad_1] Bharat Petroleum Corporation Limited (BPCL), a prestigious Maharatna and Fortune Global 500 Company, inaugurated Vigilance Awareness Week 2024 (VAW-2024) on 28th October at its Corporate Office, reinforcing its commitment to ethical practices and integrity in business. The event, themed "Culture of Integrity for Nation's Prosperity," is being observed from October 28 to November 3 across BPCL's operations nationwide, with a series of activities designed to raise awareness and foster vigilance among all employees.L to R: S. Bhattacharjee, GM, S. Srikanth, CGM Vigilance, VRK Gupta, Dir (Fin), D. K. Jain, Ex-Chief Secy. of Maharashtra & Ex-Member Lokpal, Meenaxi Rawat, CVO, BPCL, R. Kumar, Chf Mgr VigThe inaugural ceremony was led by Chief Guest Shri Dinesh Kumar Jain, Ex-Chief Secretary of Maharashtra and Ex-Member Lokpal, who joined BPCL leadership including Smt. Meenaxi Rawat, IES, Chief Vigilance Officer; Shri V.R.K. Gupta, Director (Finance); Shri Raj Kumar Dubey, Director (HR); Shri S. Srikanth, Chief General Manager (Vigilance), and other senior officials. In a symbolic moment, Smt. Meenaxi Rawat administered the Integrity Pledge, uniting BPCL officials across India through a live webcast to affirm their dedication to honesty and transparency.In a message to employees, Shri G. Krishnakumar, Chairman and Managing Director, BPCL highlighted Bharat Petroleums commitment to ethics, integrity, and accountability, which are fundamental to its operations. He stated that this week serves as a vital reminder of our dedication to fostering a corruption-free workplace. He also lauded Smt Meenaxi Rawat and her vigilance team, for their ongoing dedication to promoting the values of ethics and integrity.In her address, Smt. Meenaxi Rawat highlighted India's ranking in the Corruption Perception Index, emphasizing the need for continuous improvement in ethical practices. She referred Ethisphere's annual rankings, which reveal that ethical companies often outperform the market, a testament to BPCL's core values of Ethics and Trust. BPCL's commitment to transparency was evident in the recent integration of all policies and guidelines on a centralized intranet webpage, streamlining access across all business units. Citing the success of the Public Grievance Portal, Smt. Rawat emphasized the importance of a robust complaint-handling system, adding that vigilance is not only a function of vigilance officers but a shared responsibility across BPCL's workforce.Chief Guest Shri Dinesh Kumar Jain, in his keynote, elaborated on the foundational values of honesty and integrity. Sharing an anecdote from Sweden involving a Member of Parliament meticulously distinguishing between personal and official expenses, Shri Jain illustrated how simple acts of accountability reinforce integrity. He outlined the formula for understanding corruption as "Corruption equals Monopoly plus Discretion minus Accountability," highlighting how the Government of India has tackled corruption with measures like Direct Benefit Transfer (DBT) and faceless Income Tax assessments. Commending BPCL's Integrity Clubs in schools, he emphasized the value of instilling ethics in young minds.To mark the occasion, three significant publications were launched: The Vigilance Officer's Handbook, Do's & Don'ts Handbook for Officers, and the Vigilance Newsletter, which are expected to enhance vigilance practices within BPCL.Vigilance Awareness Week 2024 will continue with a series of events and initiatives, aimed at promoting a strong culture of integrity and vigilance across BPCL's operations, fostering a resilient, transparent corporate ethos for sustainable growth.About Bharat Petroleum Corporation Ltd. (BPCL)Fortune Global 500 Company, Bharat Petroleum is the second largest Indian Oil Marketing Company and one of the integrated energy companies in India, engaged in refining of crude oil and marketing of petroleum products, with presence in the upstream and downstream sectors of the oil and gas industry.

The company attained the coveted Maharatna status, joining the club of companies having greater operational & financial autonomy.Bharat Petroleum's Refineries at Mumbai, Kochi and Bina have a combined refining capacity of around 35.3 MMTPA. Its marketing infrastructure includes a network of installations, depots, fuel stations, aviation service stations and LPG distributors. Its distribution network comprises over 22,000+ Fuel Stations, over 6,250 LPG distributorships, 525 Lubes distributorships, 123 POL storage locations, 54 LPG Bottling Plants, 63 Aviation Service Stations, 5 Lube blending plants and 4 cross-country pipelines as on 31.08.2024.Bharat Petroleum is integrating its strategy, investments, environmental and social ambitions to move towards a sustainable planet. The company has chalked out the plan to offer electric vehicle charging stations at around 7000 Fuel Stations over next 5 years.With a focus on sustainable solutions, the company is developing an ecosystem and a road-map to become a Net Zero Energy Company by 2040, in Scope 1 and Scope 2 emissions. Bharat Petroleum has been partnering communities by supporting several initiatives connected primarily in the areas of education, water conservation, skill development, health, community development, capacity building and employee volunteering. With 'Energising Lives' as its core purpose, Bharat Petroleum's vision is to be an admired global energy company leveraging talent, innovation & technology. [ad_2] Source link

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[ad_1] Bharat Petroleum Corporation Limited (BPCL), a prestigious Maharatna and Fortune Global 500 Company, inaugurated Vigilance Awareness Week 2024 (VAW-2024) on 28th October at its Corporate Office, reinforcing its commitment to ethical practices and integrity in business. The event, themed "Culture of Integrity for Nation's Prosperity," is being observed from October 28 to November 3 across BPCL's operations nationwide, with a series of activities designed to raise awareness and foster vigilance among all employees.L to R: S. Bhattacharjee, GM, S. Srikanth, CGM Vigilance, VRK Gupta, Dir (Fin), D. K. Jain, Ex-Chief Secy. of Maharashtra & Ex-Member Lokpal, Meenaxi Rawat, CVO, BPCL, R. Kumar, Chf Mgr VigThe inaugural ceremony was led by Chief Guest Shri Dinesh Kumar Jain, Ex-Chief Secretary of Maharashtra and Ex-Member Lokpal, who joined BPCL leadership including Smt. Meenaxi Rawat, IES, Chief Vigilance Officer; Shri V.R.K. Gupta, Director (Finance); Shri Raj Kumar Dubey, Director (HR); Shri S. Srikanth, Chief General Manager (Vigilance), and other senior officials. In a symbolic moment, Smt. Meenaxi Rawat administered the Integrity Pledge, uniting BPCL officials across India through a live webcast to affirm their dedication to honesty and transparency.In a message to employees, Shri G. Krishnakumar, Chairman and Managing Director, BPCL highlighted Bharat Petroleums commitment to ethics, integrity, and accountability, which are fundamental to its operations. He stated that this week serves as a vital reminder of our dedication to fostering a corruption-free workplace. He also lauded Smt Meenaxi Rawat and her vigilance team, for their ongoing dedication to promoting the values of ethics and integrity.In her address, Smt. Meenaxi Rawat highlighted India's ranking in the Corruption Perception Index, emphasizing the need for continuous improvement in ethical practices. She referred Ethisphere's annual rankings, which reveal that ethical companies often outperform the market, a testament to BPCL's core values of Ethics and Trust. BPCL's commitment to transparency was evident in the recent integration of all policies and guidelines on a centralized intranet webpage, streamlining access across all business units. Citing the success of the Public Grievance Portal, Smt. Rawat emphasized the importance of a robust complaint-handling system, adding that vigilance is not only a function of vigilance officers but a shared responsibility across BPCL's workforce.Chief Guest Shri Dinesh Kumar Jain, in his keynote, elaborated on the foundational values of honesty and integrity. Sharing an anecdote from Sweden involving a Member of Parliament meticulously distinguishing between personal and official expenses, Shri Jain illustrated how simple acts of accountability reinforce integrity. He outlined the formula for understanding corruption as "Corruption equals Monopoly plus Discretion minus Accountability," highlighting how the Government of India has tackled corruption with measures like Direct Benefit Transfer (DBT) and faceless Income Tax assessments. Commending BPCL's Integrity Clubs in schools, he emphasized the value of instilling ethics in young minds.To mark the occasion, three significant publications were launched: The Vigilance Officer's Handbook, Do's & Don'ts Handbook for Officers, and the Vigilance Newsletter, which are expected to enhance vigilance practices within BPCL.Vigilance Awareness Week 2024 will continue with a series of events and initiatives, aimed at promoting a strong culture of integrity and vigilance across BPCL's operations, fostering a resilient, transparent corporate ethos for sustainable growth.About Bharat Petroleum Corporation Ltd. (BPCL)Fortune Global 500 Company, Bharat Petroleum is the second largest Indian Oil Marketing Company and one of the integrated energy companies in India, engaged in refining of crude oil and marketing of petroleum products, with presence in the upstream and downstream sectors of the oil and gas industry.

The company attained the coveted Maharatna status, joining the club of companies having greater operational & financial autonomy.Bharat Petroleum's Refineries at Mumbai, Kochi and Bina have a combined refining capacity of around 35.3 MMTPA. Its marketing infrastructure includes a network of installations, depots, fuel stations, aviation service stations and LPG distributors. Its distribution network comprises over 22,000+ Fuel Stations, over 6,250 LPG distributorships, 525 Lubes distributorships, 123 POL storage locations, 54 LPG Bottling Plants, 63 Aviation Service Stations, 5 Lube blending plants and 4 cross-country pipelines as on 31.08.2024.Bharat Petroleum is integrating its strategy, investments, environmental and social ambitions to move towards a sustainable planet. The company has chalked out the plan to offer electric vehicle charging stations at around 7000 Fuel Stations over next 5 years.With a focus on sustainable solutions, the company is developing an ecosystem and a road-map to become a Net Zero Energy Company by 2040, in Scope 1 and Scope 2 emissions. Bharat Petroleum has been partnering communities by supporting several initiatives connected primarily in the areas of education, water conservation, skill development, health, community development, capacity building and employee volunteering. With 'Energising Lives' as its core purpose, Bharat Petroleum's vision is to be an admired global energy company leveraging talent, innovation & technology. [ad_2] Source link