Bharat Petroleum Corporation (BPCL) has inked a Consortium Agreement with Indian Oil Corporation (IOC) and Hindustan Petroleum Corporation (HPCL) on December 07, 2016 to carry out pre-project activities for setting up of a West Coast Refinery & Petrochemical project of approximately 60 MMTPA capacity in the State of Maharashtra through a Joint Venture Company (JVC).

BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.