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BPCL Awards 100 MW Wind Projects to Suzlon and Integrum for Green Energy Push

Written by: Aayushi ChaubeyUpdated on: May 7, 2025, 4:09 PM IST
BPCL awards 100 MW wind projects to Suzlon and Integrum to power refineries, pushing toward 2040 net-zero goal.
BPCL Awards 100 MW Wind Projects to Suzlon and Integrum for Green Energy Push
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Bharat Petroleum Corporation Ltd. (BPCL), a state-run oil company, has awarded contracts for wind energy projects totalling 100 megawatts (MW). The projects have been given to Suzlon Energy Ltd and Integrum Energy Infrastructure Ltd as part of BPCL’s goal to move towards green energy.

Project Details and Locations

BPCL shared the update on its official handle on “X” (formerly Twitter). According to the post, two wind farm projects of 50 MW each have been awarded—one in Madhya Pradesh and the other in Maharashtra. Suzlon Energy will handle the Madhya Pradesh project, while Integrum Energy Infra will manage the Maharashtra project.

Powering BPCL Refineries

The electricity generated from these wind farms will be used for BPCL’s Bina and Mumbai refineries. This move will help reduce the company’s dependence on fossil fuels and support its shift to clean, renewable energy sources.

BPCL’s Clean Energy Goals

These projects are part of BPCL’s bigger plan to develop a 10-gigawatt (GW) renewable energy portfolio by 2040. BPCL also aims to become a net zero energy company for Scope 1 and Scope 2 emissions by the same year.

Suzlon’s Growing Orders

This order adds to Suzlon’s recent success. Just last month, Suzlon received its largest-ever order of 378 MW from NTPC Green Energy, strengthening its position in the renewable energy sector.

Market Reaction

Following the announcement, shares of Suzlon Energy rose by 2.2% to ₹55, while BPCL’s shares ended the day 1.9% higher at ₹317.3, touching the day’s highs.

Conclusion

With these new wind energy projects, BPCL is taking meaningful steps toward reducing carbon emissions and supporting India’s clean energy future. The move also highlights the growing momentum in the renewable energy sector.

Read more on: ITR Filing FY26 – Is Dearness Allowance (DA) Taxable?

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Published on: May 7, 2025, 4:09 PM IST

Aayushi Chaubey

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