BPCL secures 100 MW wind power allocation from MPPMCL at ₹4.12 per kWh
Bharat Petroleum Corporation Ltd secured 100 MW wind power allocation from MPPMCL at ₹4.12/kWh through a reverse auction on June 30, 2026. The disclosure was made to BSE and NSE by Company Secretary V. Kala under Regulation 30 of SEBI regulations.
*this image is generated using AI for illustrative purposes only.
Bharat Petroleum Corporation Ltd has secured an allocation of 100 MW in a tender issued by the Madhya Pradesh Power Management Company Limited (MPPMCL) for the purchase of wind power. The company achieved this allocation at a competitive tariff of ₹4.12 per kWh through a reverse auction conducted on June 30, 2026, as per the results published on the e-tendering portal. This move underscores BPCL's strategic intent to diversify its energy mix and strengthen its presence in the renewable sector.
Key Details of the Allocation
The reverse auction process was highly competitive, resulting in a tariff rate of ₹4.12 per kWh, indicative of prevailing market conditions for wind power procurement in the region. The allocation was formally intimated to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
| Parameter: | Details |
|---|---|
| Allocated Capacity: | 100 MW |
| Tariff Rate: | ₹4.12 per kWh |
| Procurement Entity: | Madhya Pradesh Power Management Company Limited (MPPMCL) |
| Auction Date: | June 30, 2026 |
| Auction Method: | Reverse Auction |
Regulatory Compliance and Disclosure
The intimation was submitted to BSE Ltd. and National Stock Exchange of India Ltd. by V. Kala, Company Secretary of Bharat Petroleum Corporation Ltd. The filing confirms that the company has met the regulatory requirements for disclosing material information related to its business operations. This allocation is expected to contribute to BPCL's long-term sustainability goals by integrating cleaner energy sources into its portfolio.
Historical Stock Returns for Bharat Petroleum
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.68% | +2.83% | +1.75% | -10.78% | -8.35% | +36.26% |
How will this 100 MW wind power allocation impact BPCL's overall renewable energy capacity targets over the next five years?
What is the expected timeline for the commissioning of this wind power project, and what are the key milestones to watch?
How does the tariff rate of ₹4.12 per kWh compare to BPCL's previous renewable energy procurements, and what does it suggest about future cost trends?
18
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
