Bharat Petroleum traces its history
to 1928 when the Burmah Shell Oil Storage & Distribution Company of
India was incorporated in England to enter the petroleum products business
in India. The business of the Company grew substantially given the international
backing of Shell and it achieved the leadership position India. In 1952,
Shell and Burmah Oil Company set up Burmah Shell Refineries Limited to
set up a refinery at Mahul in Bombay (now called Mumbai).
The entire operations of Burmah
shell in India were nationalised in 1976 and the Refinery and Marketing
Companies were merged to form Bharat Petroleum.
Today Bharat Petroleum is a downstream
oil refining and marketing company with present revenues in excess of Rs.25652
crores. We are India's second largest oil company in terms of market share.
Bharat Petroleum is a premier company that has Navratna status by the Government
if India.
Bharat Petroleum's network is spread
all over India. From LPG and Kerosene for domestic consumption, to automotive,
fuels and lubricants for vehicles, to feedstock and fuels for industrial
applications, Bharat Petroleum touches the lives of 700 million Indians
in some way every day. Bharat Petroleum also manufactures and market petrochemicals
like Benzene, Toluene, LAB feedstock and have recently started manufacturing
MTBE an additive for Unleaded Gasoline.
REFINERY
The BPCL Refinery in Mumbai is one
of the most modern and environment friendly refineries in the country.
During the year 1998/99 Crude throughput at the Refinery was the highest
ever at 8.94 MMT yielding 8.57 MMT of refined products. BPC'S Refinery
has one of the most flexible configuration in the country and has so far
processed 46 different types of crude. BPC recognises it responsibility
towards reducing the level of automotive emissions and their Refinery is
the only one in the country that produces Methyl Tertiary Butyl Ether (MTBE),
which is used as an octane booster in place of Tetra Ethyl Lead. BPC's
Refinery has received ISO 9002 and ISO 14001 certification and also the
highest safety rating ever received by any industrial site in India - Level
7 of ISRS from Det Norske Veritas, Netherlands.
MARKETING INFRASTRUCTURE
In order to be closer to their customers,
Bharat Petroleum have constantly been building up infrastructure. Their
strong marketing infrastructure includes coastal and inland storage facilities
with a total tankage capacity of 27.15 lakh kls, comprising of 8 port installations,
7 inland installations, 2 bunkering installations, 1 lubricating oil blending
plant, 12 pipeline TOPs, 65 company operated depots, 64 commission operated/special
agreement depots and 28 dispatch units. Their retail network comprises
of 4423 Retail Outlets and 964 kerosene/light diesel oil dealerships spread
across the length and breadth of the country.
In a major technological upgradation
drive Bharat Petroleum introduced international standard, state-of-the-art
facilities at their New Generation Retail Outlets. These outlets have all
the modern facilities (including automatic car wash facility) and have
convenience stores attached to them.
They cater to the needs of international
and domestic airlines through a network of 16 Aviation Fuelling Stations
spread throughout the country, of which Aviation Stations at Mumbai, Calcutta,
Delhi and Bangalore have been awarded ISO 9002 by Bureau Veritas Quality
International.
BPC has 1203 LPG distributors catering
to 9 million consumers. LPG infrastructure includes 28 LPG bottling plants
with a total capacity of 1068 TMTPA. BPC was the first in the industry
to be awarded ISO 9002 accreditation for an LPG Bottling Plant. 21 Bottling
Plants have already received ISO 9002 certification.
Performance highlights
during 1998-99
-
Turnover of Rs.25649.8 crores against
20697.5 cores during 1997-98
-
Net Profit of Rs. 701.2 crores against
Rs. 532.7 crores during 1997-98
-
EPS Rs.46.75 as against Rs.35.51
-
The Board of Directors have recommended
a dividend of 125% amounting to Rs.208.13 crores on the equity capital
of Rs.150 cores.
-
Sales of 17.50 MMT,a growth of 6.9%
which is ahead of previous year.
-
Networth as at 31st March 1999 stood
at Rs. 3021.8 crores.
-
Gross profit after interest but before
depreciation and taxation Rs.1382.3 crores compares to 1102.1 crores during
1997-98.
SOCIAL WELFARE
Sports
Bharat Petroleum has been in the
forefront of promoting the cause of sports and sportspersons. A number
of tournaments in the discipline of athletics, football, tennis, golf,
hockey, cycling, have been sponsored. Bharat Petroleum has become synonymous
with major sporting events viz., Santosh Trophy, Thana Athletic meet, as
well as Bharat Petroleum FIDE rated chess tournaments. A concerted effort
towards leading, training and coaching support to the children of Mumbai,has
started producing results. Bharat Petroleum has been providing, excellent
career opportunity to many sports persons.Former Internationals such as
Karsan Ghavri(Cricket) and M.M.Somaya(Hockey) hold senior positions in
the company. Some of the other outstanding players recruited in the last
years include International master V.Saravanan and Anupama Gokhale in chess,
Ravi Nayakar, Sandeep Somesh and Sabu Varkey in Hockey, Tauseef Jamal in
Football, Abhijit Kale in Cricket, Mythili and Bhuvaneshwari in Table Tennis,
Jyoti Randhawa, Amritinder Singh and Vivek Bhandari in Golf, P.V.V. Lakshmi,
Bhushan Akut and George Thomas in Badminton Joshi in Billiards.
Environment
Effort are continuously made towards
conservation and improvement of the environment. New technologies are adopted
wherever possible. Low lead MS(with 0.15 gms of lead per liter) was introduced
in the country from January 1, 1997. HSD with a maximum Sulphur content
of 0.5% by weight was introduced in the metro cities as in the Taj Trapezium
with effect from April 1996. From 1996, HSD with a maximum Sulphur content
of 0.25% by weight was introduced in the Taj Trapezium. To meet the requirement
all over the country of HSD with the revised specification of maximum sulphur
of 0.25% by weight from 1999, facilities for Diesel hydro desulphurisation
are being put up in the Refinery, Distribution of other Low Sulphur Fuels
(with a maximum Sulphur content of 1.8% by weight) was started in the National
Capital Region from October 1996.
Public Welfare
Bharat Petroleum has been associated
with and supported the cases of various agencies and NGO's like CRY, for
sponsoring its projects of rehabilitation of villages in East India, Cancer
Patients Aid Association and NAB by sponsoring their various fund raising
programmes etc. It has also been supporting various medical institutions
like Rajiv Gandhi Cancer Foundation, in Delhi, Shankara Netralaya in Guwahati
to name a few.
Safety
Safety continues to be accorded
the highest priority in BPC, both in refining and marketing operations.
Bharat Petroleum's Refinery at Mahul has been awarded the level 7 on ISRS
- the highest rating accorded to any site by DNV in India. |