Bharat Petroleum Corporation Ltd is a Navratna Public Sector Undertaking, with an employee strength of more than 12000, which is currently being led by Mr S Varadarajan, its Chairman and Managing Director.
Image: company website
The state controlled oil and gas company started its journey as the Burmah-Shell Oil Storage and Distributing Company of India Limited which was started with the alliance between Asiatic Petroleum Company and Burma Oil Company in 1928. The Government of India took over the Burmah Shell on 24th January 1976 and formed Bharat Refineries Limited.
Later, the company was renamed as Bharat Petroleum Corporation Limited on 1st August 1977. BPCL operates several refineries some of them being, 12 MMT Capacity Mumbai Refinery, 9.5 MMT Capacity Kochi Refinery, 6 MMT Capacity Bina Refinery in Madhya Pradesh and 3 MMT Capacity Numaligarh Refinery.
In Financial Year 2015-16, the company generated a revenue of INR 189142.99 crore and earned a PAT of INR 8453.98 crore. The company has shown that it has a really strong leadership with their CMD receiving Scope Excellence Award for Individual Leadership ad their CFO receiving Best CFO Award by Business World in 2016. The company itself has no dearth of awards as they have recently received several of them, like, the NIPM National Award for Best HR Practices, Lions CSR Precious Award, HR Excellence Award by India Today, OISD Safety Excellence Award, Innovator of the Year Award by PetroFed and India’s Top PSU Award by Dun & Bradstreet. With this extra ordinary performance and achievements, the company is indeed standing up to its slogan, “Energising lives, pure for sure”.