Latest news with #PropyleneDerivativePetrochemicalProject
Business Standard
02-05-2025
- Business
- Business Standard
Sanjay Khanna Takes Over the Additional Charge of Chairman & Managing Director of BPCL Today
NewsVoir Mumbai (Maharashtra) [India], May 2: Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company, and one of India's leading oil and gas companies, announced today that Sanjay Khanna has assumed additional charge as the Chairman and Managing Director of the company. Currently he serves as the Director (Refineries) in the company. A Chemical Engineering graduate from National Institute of Technology, Tiruchirapalli and Postgraduate in Finance Management from Mumbai University, he has over 3 decades of experience in refinery operations and technical services. He anchored several prestigious projects for setting up new process units in Refineries at Mumbai, Kochi and Numaligarh. Prior to becoming Director (Refineries) he headed Kochi and Mumbai Refineries of BPCL. As executive Director of Kochi Refinery, he played a key role in commissioning the first 'Niche Petrochemical' project of BPCL, Propylene Derivative Petrochemical Project (PDPP). Sanjay Khanna also serves as a Director on the Boards of Bharat Petro Resources Limited and Ratnagiri Refinery and Petrochemicals Limited. Additionally, Khanna is also the current Chairperson of 'Technical Committee for petroleum Refineries' under Ministry of Petroleum and Natural Gas (MoPNG) 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 23,500+ Fuel Stations, over 6,200+ LPG distributorships, 500+ Lubes distributorships, 80 POL storage locations, 54 LPG Bottling Plants, 79 Aviation Service Stations, 5 Lube blending plants and 5 cross-country pipelines. Bharat Petroleum is integrating its strategy, investments, environmental and social ambitions to move towards a sustainable planet. The company has Electric vehicle charging stations at 6500+ Fuel Stations. 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.
Mint
01-05-2025
- Business
- Mint
Sanjay Khanna takes additional charge as BPCL CMD
New Delhi: Bharat Petroleum Corp. Ltd (BPCL) on Thursday announced that Sanjay Khanna has assumed additional charge as chairman and managing director (CMD) of the company. Khanna's appointment follows the end of former CMD G. Krishnakumar's tenure on 30 April. Currently serving as director (refineries) at the state-run oil marketing and refining company, Khanna previously headed BPCL's Kochi and Mumbai refineries. 'He anchored several prestigious projects for setting up new process units in refineries at Mumbai, Kochi and Numaligarh," the company said in a statement adding that, as executive director of Kochi Refinery, Khanna played a key role in commissioning BPCL's first niche petrochemical project—the Propylene Derivative Petrochemical Project. The leadership change comes at a critical time for BPCL, which is planning a refinery-cum-petrochemical complex in Andhra Pradesh, with a projected capital expenditure of around ₹ 95,000 crore. Once commissioned, the facility is expected to push the company's total refining capacity to around 50 million tonnes per annum. BPCL, India's third-largest refiner, is already working on the expansion of its existing refineries at Madhya Pradesh's Bina and Kerala's Kochi. India's current refining capacity is 250 million tonnes per annum, of which BPCL accounts for 35 million tonnes. A chemical engineering graduate from the National Institute of Technology, Tiruchirappalli, and a postgraduate in finance management from Mumbai University, Khanna brings over three decades of experience in refinery operations and technical services. He also serves on the boards of Bharat PetroResources Ltd and Ratnagiri Refinery and Petrochemicals Ltd, and chairs the Technical Committee for Petroleum Refineries under the Ministry of Petroleum and Natural Gas (MoPNG). Also read | Nifty reshuffle: Zomato and Jio Financial could edge out Britannia and BPCL in India's benchmark index BPCL reported an 8% decline in consolidated net profit to ₹ 4,392 crore for the quarter ended March 2025, down from ₹ 4,789.57 crore a year earlier. Revenue from operations slipped 4% year-on-year to ₹ 1.27 trillion, compared with ₹ 1.32 trillion in the same quarter of FY24. First Published: 1 May 2025, 05:49 PM IST
