BPCL to spend Rs 1.4 lakh crore on petchem, gas business

BPCL, the nation's second-biggest oil refining and fuel marketing company, is "recalibrating its strategies to leverage emerging opportunities while mitigating risks," its CMD Arun Kumar Singh said in the firm's latest annual report. "The company has firmed up plans to diversify and expand in adjacent and alternative businesses to create additional revenue streams," he said.

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