BPCL recently held a board meeting where it approved a joint venture agreement with Oil India. This partnership aims to develop a city gas distribution project in Arunachal Pradesh, which will help expand BPCL's operations in the region.
This collaboration with Oil India is expected to strengthen BPCL's presence in the city gas distribution sector, in line with the increasing demand for cleaner energy solutions in India. Investors and market analysts will be closely watching BPCL's share price as the company progresses with this initiative.