Bharat Petroleum Corporation Ltd (BPCL) plans to invest ₹10,000-12,000 crore during the current financial year to expand its retail business, as per The Economic Times news report.
The expenditure will be directed towards customer facilities, electric vehicle infrastructure, and other services offered through its fuel station network. According to the company, this will be its highest annual investment in the marketing business.
As per the report, BPCL, India's 2nd-largest fuel retailer, currently has a 29.9% share of the domestic fuel retail market. The company has set a target of raising this to 32% by 2030.
BPCL is increasing its presence in areas beyond conventional fuel retailing as consumer preferences continue to evolve.
The company said it is widening the range of services available at its outlets instead of relying only on fuel sales.
Electric vehicle charging remains a key area of investment. BPCL has installed fast chargers under its eDrive network at intervals of around 100-150 kilometres on major highways.
The network now covers nearly 50,000 kilometres, connecting routes including Mumbai-Bengaluru, Mumbai-Srinagar and Mumbai-Kerala.
The company said its charging network records more than 1.72 lakh charging sessions every month. It expects improved charging availability along highways to address concerns related to charging access and driving range.
Along with EV charging, BPCL is expanding other services across its retail network. The Drive Fresh programme, which provides washroom facilities at fuel stations, is being extended to more locations.
The company is also increasing the footprint of Be Cafe, its food and beverage brand. Besides fuel stations, the outlets are being opened at airports, shopping malls and high streets.
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As of July 7, 2026, 12:35 pm, Bharat Petroleum Corporation Ltd (BPCL) share price was trading at ₹308.80, up 0.21% from the previous closing price.
BPCL's investment programme includes expansion of EV charging infrastructure, retail services, and fuel station facilities. The company is also planning to increase its market share over the next five years.
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Published on: Jul 7, 2026, 12:49 PM IST
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