Logo

    Sukhmal Jain Director Marketing BPCL talks about India Energy Week

    enFebruary 20, 2023
    What was the main topic of the podcast episode?
    Summarise the key points discussed in the episode?
    Were there any notable quotes or insights from the speakers?
    Which popular books were mentioned in this episode?
    Were there any points particularly controversial or thought-provoking discussed in the episode?
    Were any current events or trending topics addressed in the episode?

    About this Episode

    In this episode, Sukhmal Jain, Director (Marketing) speaks about India Energy Week, a momentous gathering of 30,000+ energy professionals from 100+ countries, which is being held in Bengaluru from 6th - 8th February 2023, and how BPCL with a humungous presence in the entire hydrocarbon value chain, is metamorphosing into an Energy Company

    Transcript:

    Sukhoon:  Hello and welcome to the  BPCL PODCAST  with me, Sukhoon. Joining us is Sukhmal Kumar Jain, Director (Marketing), Bharat Petroleum, who elaborates on how the theme of ‘Unlocking Possibilities, Empowering Lives’ at the PSU’s pavilion at India Energy Week encompasses its progressive strategy and determination to evolve new energy solutions to serve the nation.

    Welcome to the BPCL PODCAST!

    Sukhmal: Thanks for having me.

    Sukhoon: Mr. Jain, How important is India Energy Week 2023, both to your company and to the global oil, gas and energy industry?

    Sukhmal: India is one of the fastest-growing large economies in the world, poised for brisk and sustained energy growth for the foreseeable future, with an impetus for evolving and deploying cleaner energy solutions on an increasingly greater scale. Thus, India is a huge opportunity for fruitful engagement at multiple levels. Bharat Petroleum (BPCL), the second largest National Oil Company in India and a Fortune Global 500 company, with formidable core strengths, humongous nationwide operations and clear path towards clean and sustainable energy, is showcasing its vitality at India Energy Week 2023.

    Sukhoon: That’s amazing to know sir, that India has a huge opportunity to engage during India Energy week at several levels and that BPCL has laid a clear path toward clean & sustainable energy, which brings me to my next question. What is the central theme of your company’s participation at the India Energy week and are you launching any new projects or services with regard to that?

    Sukhmal: In India Energy week 2023, The theme of BPCL Pavilion is ‘Unlocking Possibilities, Empowering Lives’. This encompasses our aspiration, progressive strategy and determination to evolve new and improved energy solutions to serve the nation with abundant, affordable, clean energy. BPCL has been charting a pragmatic path in its journey of energy transition and has expressed its commitment to achieving the ambitious goal of ‘Net Zero’ in Scope 1 and Scope 2 emissions by 2040. For that, we have unfolded a slew of initiatives that are shaping our transformation from a predominantly oil and gas company into an ‘energy’ company. Also on the display will be our massive digital transformation journey, which has enabled enhanced trust, convenience, and personalization to deliver novel customer experiences by leveraging digital integration and advanced analytics based on artificial intelligence and machine learning technologies. 

    Sukhoon: That is quite a progressive strategy, Mr Jain, especially since you brought up the vision of BPCL achieving the Net Zero emissions in scope 1 and 2, by 2040 and stepping into the age of digital transformation with a focus on delivering novel customer experience and elevating trust in the company. Mr Jain, this is the first event of its kind, right, that brings together conventional and unconventional energy companies on the same platform. How do you think India Energy Week will build synergy between the two of them?  Do you believe this will shape the future of the energy industry in India and beyond? 

    Sukhmal: From the perspective of the energy transition, the boundaries between traditional energy companies and renewable energy companies are blurring. We, at Bharat Petroleum, are implementing a stage-wise long-term plan to multiply our renewable energy share and expanding solar, wind, and biofuels. We are expanding our renewables portfolio and have plans to reach 1 GW of renewables by 2025 and 10 GW by 2040. Also, we are accelerating biofuels in this pursuit. We are presently blending 10% ethanol in petrol, with a target to reach 20% blending by 2025-26.

    Sukhoon: That is refreshing to know that lines are blurring between the traditional and renewable energy sectors, since that is important for what the future holds for energy companies in India, in terms of solar expansions, wind expansions and renewable energy at large. Mr Jain, India Energy Week 2023 is being organised during India’s presidency at the G20 and the Shanghai Cooperation. Do you think this will reflect on the unique opportunity to showcase India as an engine of global economic growth and a driver for global consumption in the energy sector?

    Sukhmal: India recently overtook the UK to become the fifth-largest economy in the world and is the third-largest consumer of energy. It is the most populous country, with a favorable demographic composition. This puts India firmly at the center of the global map, as a major driver of economic and energy growth, as well as, a regional and global economic powerhouse, which is being showcased emphatically at India Energy Week 2023.

    Sukhoon: How critical is India’s role in the global energy transition and in solving the energy trilemma of security, affordability, and availability? As a pillar of India’s energy sector, what role do you see your company playing in that journey?

    Sukhmal: By fast-tracking renewable energy, India is demonstrating the enormous potential of clean energy solutions to combat climate change. India has the world’s fourth-largest cumulative renewable energy capacity installed today and has emerged as one of the cheapest producers of it in the last few years. Remarkably, India has multiplied its solar power generation by as much as 50 times since 2012 and also has a target to triple its non-fossil power generation by 2030. Alongside the national goal to rapidly decarbonise the economy, Bharat Petroleum is making strides in its own energy transition. We are also expanding our R&D efforts and technological collaborations to enhance and develop clean energy solutions. As India aims to increase the use of natural gas in its energy mix to 15% by 2030, BPCL, along with our JVs, is expanding its presence in CGD space, with licenses for developing CGD network in 50 geographical areas covering 105 districts, after 11th CGD bidding round. The success in the past few CGD rounds has placed BPCL among the top 3 CGD players in the country. We also supply gas to refineries, as fuel for process and utility heaters, hydrogen generation unit and gas turbines. In the electric mobility space, to address range anxiety of electric four-wheelers, we have come up with a novel concept of creating Highway Fast Charging Corridors. We plan to convert more than 7,000 conventional fuel stations into energy stations, in the medium to long term, providing multiple fuelling options. To achieve our target of ‘Net Zero’ in Scope 1 and Scope 2 emissions by the year 2040, a water electrolyzer-based green hydrogen plant of about 9 tons per day capacity has been planned at our Bina Refinery, which is expected to be commissioned in 2025. We plan to scale up green hydrogen production in the medium term.

    Sukhoon:  Mr Jain, thank you so much for giving us the perspective on India Energy Week, BPCL’s participation and how BPCL is steadfastly anchored to the energy needs of the nation and aligned with global climate action, having embarked upon an ambitious voyage of energy transition towards a cleaner and sustainable future.

    Sukhmal: Thank you so much.

    Sukhoon:  Do subscribe to this podcast wherever you are listening to this podcast from, we have more of our upcoming episodes of the BPCL PODCAST, and trust me, we do have plenty on the way.  You can also find us and follow us too, we are on Instagram and Twitter @BPCLimited. You can also find us on Facebook by typing in Bharat Petroleum Corporation Limited! This was the BPCL PODCAST, by “Bharat Petroleum Corporation India Limited - Energising Lives”.

    END.

    You can also follow us on all major social media platforms as well!

    BPCL podcast, unlocking possibilities, empowering lives.

    Subscribe to this podcast and also follow us here.

    Twitter: https://twitter.com/bpclimited
    YouTube: https://www.youtube.com/user/bpclbrand
    Facebook: https://www.facebook.com/BharatPetroleumcorporation
    Instagram: https://www.instagram.com/bpclimited/
    LinkedIn: https://www.linkedin.com/company/bpcl
    Koo:  https://www.kooapp.com/profile/BPCLimited
    Website: https://www.bharatpetroleum.in/

    For more details contact:

    Abbas Akhtar - Chief General Manager (Brand & PR) at Bharat Petroleum Corporation Limited
    Saurabh Jain - Chief Manager PR & Brand

    Credits:

    Produced by Spooler
    Managed By Ventures Advertising

    Recent Episodes from BPCL PODCAST

    BPCL Podcast I Ms Mona Srivastava I Global Technology Conference

    BPCL Podcast I Ms Mona Srivastava I Global Technology Conference

    Welcome to a riveting episode of the BPCL Podcast, where we unravel the tapestry of BPCL's innovative landscape. Joining us today is the dynamic Ms. Mona Srivastava, the driving force behind BPCL's recent Innovation Award at the Global Technology Conference. We commence our journey with a deep dive into the prestigious Innovation Award, dissecting its significance in the realm of World LPG at the Global Technology Conference held in Rome. Ms. Srivastava generously shares insights into the specific innovations that garnered this recognition, providing a glimpse into how these ground-breaking initiatives align with the overarching goals of BPCL's LPG business unit. As we traverse this innovation terrain, we pivot to the heart of the matter—the impact on the customer journey.
    Ms. Srivastava sheds light on the ripple effect of these innovations, exploring how they seamlessly integrate with and elevate the overall experience for BPCL's diverse customer base. Our exploration then takes a fascinating turn towards the high-efficiency burner initiative, a beacon of progress in rural areas. Here, we unpack the success stories and testimonials that underscore not only the improvement in cooking efficiency but also the significant strides made in environmental sustainability. It's a journey into the lives of those directly impacted by this initiative, highlighting the positive change it has brought to communities. Next on our agenda is the Ujjwala scheme, a transformative force in the lives of women and families.
    Ms. Srivastava elaborates on the scheme's multifaceted impact, particularly in terms of health and safety. The conversation then gracefully segues into discussions around plans for expanding this impactful initiative to reach more underserved communities. A pivotal aspect of BPCL's innovative ecosystem is the Gramin Vitrak Distributors, local entrepreneurs who play a crucial role in rural economic development. Ms. Srivastava unfolds the narrative of their significance, emphasizing how they contribute to the economic fabric of the communities they serve.
    Our journey concludes with a spotlight on the compact yet impactful 5 KG Cylinder. Ms. Srivastava shares how this innovation benefits small vendors, fostering business growth and sustainability. We explore how the 5 KG Cylinder caters to the specific needs of customers with limited space or consumption requirements. As we wrap up this episode of the BPCL Podcast, we invite you to stay tuned for more where innovation meets impact.


    Subscribe to this podcast and also follow us here.

    Twitter: https://twitter.com/bpclimited
    YouTube: https://www.youtube.com/user/bpclbrand
    Facebook: https://www.facebook.com/BharatPetroleumcorporation
    Instagram: https://www.instagram.com/bpclimited/
    LinkedIn: https://www.linkedin.com/company/bpcl
    Koo:  https://www.kooapp.com/profile/BPCLimited
    Website: https://www.bharatpetroleum.in/

    For more details contact:

    Abbas Akhtar - Chief General Manager (Brand & PR) at Bharat Petroleum Corporation Limited
    Saurabh Jain - Chief Manager PR & Brand

    Credits:

    Produced by Spooler
    Managed By Ventures Advertising

    Shelly Abraham, Head, Renewable Energy Business, BPCL

    Shelly Abraham, Head, Renewable Energy Business, BPCL

    Welcome to the BPCL PODCAST - Unlocking Possibilities, Empowering Lives. Join us in this captivating series of conversations with industry thought leaders as we explore the future of the energy landscape. In this exciting episode, we are honored to feature Mr. Shelly Abraham, the Head of Renewable Energy at BPCL. Together, we will delve into the significance of this global event and its influence on our collective commitment to safeguarding the environment. We will also explore BPCL's commendable role in advancing the environmental cause, including their efforts to promote sustainability and mitigate the impact of their operations.

    Tune in for an enlightening discussion and gain valuable insights.

    Subscribe to this podcast and also follow us here.

    Twitter: https://twitter.com/bpclimited
    YouTube: https://www.youtube.com/user/bpclbrand
    Facebook: https://www.facebook.com/BharatPetroleumcorporation
    Instagram: https://www.instagram.com/bpclimited/
    LinkedIn: https://www.linkedin.com/company/bpcl
    Koo:  https://www.kooapp.com/profile/BPCLimited
    Website: https://www.bharatpetroleum.in/

    For more details contact:

    Abbas Akhtar - Chief General Manager (Brand & PR) at Bharat Petroleum Corporation Limited
    Saurabh Jain - Chief Manager PR & Brand

    Credits:

    Produced by Spooler
    Managed By Ventures Advertising

    Tanmay Jaiswal, State Head (I&C), Maharashtra-2 & Goa, BPCL

    Tanmay Jaiswal, State Head (I&C), Maharashtra-2 & Goa, BPCL

    In this special episode of the BPCL Podcast, we celebrate World Blood Donation Day with an extraordinary guest - Tanmay Jaiswal, State Head (I&C), Maharashtra-2 & Goa at BPCL. Known for his remarkable commitment to blood donation, Mr Jaiswal shares his journey, motivations, and the impact of his philanthropic efforts. Discover his challenges, inspiring stories, and how his passion intertwines with his other interests. Get ready for an engaging conversation that will inspire you to make a difference.

    Listen in.

    Subscribe to this podcast and also follow us here.

    Twitter: https://twitter.com/bpclimited
    YouTube: https://www.youtube.com/user/bpclbrand
    Facebook: https://www.facebook.com/BharatPetroleumcorporation
    Instagram: https://www.instagram.com/bpclimited/
    LinkedIn: https://www.linkedin.com/company/bpcl
    Koo:  https://www.kooapp.com/profile/BPCLimited
    Website: https://www.bharatpetroleum.in/

    For more details contact:

    Abbas Akhtar - Chief General Manager (Brand & PR) at Bharat Petroleum Corporation Limited
    Saurabh Jain - Chief Manager PR & Brand

    Credits:

    Produced by Spooler
    Managed By Ventures Advertising

    Sanjeev Agrawal, Executive Director (Corporate Marketing), BPCL

    Sanjeev Agrawal, Executive Director (Corporate Marketing), BPCL

    India celebrated National Technology Day and in this special episode of the BPCL Podcast, we speak to Sanjeev Agrawal, Executive Director (Corporate Marketing) at BPCL, who tells us about the company's innovative approach to implementing technology in the energy sector, the various other initiatives & strategies they have planned in the near future to enhance customer experience, the impact of digitalisation on the economy and more.

    Listen in. 

    Transcript: 

    Sukhoon: Hello and welcome to the BPCL PODCAST - ‘Unlocking Possibilities, Empowering Lives’. In this series of podcasts, listen to conversations with thought leaders from the industry, on the future of the energy landscape. India celebrated National Technology Day and we are excited to bring you a very special episode of the BPCL podcast with Sanjeev Agrawal, Executive Director (Corporate Marketing) at BPCL. In today's episode, we will be exploring how the integration of new digital technologies in energy companies is optimising operations, improving efficiency, cost savings, enhanced safety, better decision-making and enhancing customer experience. So let's get started. Thank you so much for joining us, Sanjeev, welcome to the show. 

    Sanjeev Agrawal: Thank you. Thank you. 

    Sukhoon: So, digital transformation has been witnessed across all industries and society too. And, before we get to the world of the energy/oil & gas sectors, I'd love to know how often do you upgrade your gadgets and, what do you think of Gen Z leaving a digital footprint everywhere.

    Sanjeev Agrawal: So as far as BPCL is concerned, let me tell you that digital transformation is now becoming a ‘buzzword’ for all good reasons, and simply put - it is the integration of digital technology into all areas of business, resulting in fundamental changes to how the business operates and deliver value to customers. So today, in fact, we live in a very highly connected digital world, where our customers are used to world-class digital platforms to connect, transact, and entertain themselves. And we all know that there are so many things going around like WhatsApp, Amazon, Netflix, etc. These digital platforms are characterised by ease-of-use, omnichannel, personalised and trustworthy services. And, customers today expect a lot and great experiences from whom they choose to do business with. And in addition to our customers, our employees, in fact, demand the same experience from the tools they use to sell to our customers. So it is not the external stakeholders, the internal customers or the stakeholders who are equally demanding these days. So why do we focus as far as the company is concerned on the stakeholders external, but internally people are also saying - “Boss, what is there for us so that we serve ultimately our end consumers?” So, as the energy sector is concerned, digital transformation is bringing about significant improvements in operational efficiencies, enabling companies to better manage their supply chains, and then, providing customers with smarter experiences that meet their evolving needs. Let me also share with you, it is also allowing energy companies to enhance security and safety, which is normally, invariably, got side-tracked while delivering and reinforcing the brand promises using the latest technology in artificial intelligence or machine learning. I will take some more time on this. Allow me to do that. Specifically for energy transition, digital transformation has a huge potential to help us accelerate through this transition. Helping achieve the Net Zero target set by the Government of India. So, not only we are serving our end consumer, but it is also our duty to how best we can meet the targets on Net Zero as a company. New technologies such as IoT, and Digital Twin will not only allow us to integrate renewable energies throughout the energy ecosystem but also enable increased net reliability and more efficient energy demand management. So, that is all about what we think about how our energy sector is going.

    Sukhoon: Right. Adapting to the changing times is the key to survival and we know that BPCL is leveraging technology in a big way too. I'd love for you to spill some beans about BPCL’s much-talked-about digital transformation initiative. How is it contributing to the company's transformational journey? 

    Sanjeev Agrawal: BPCL has been a pioneer in many ways across the oil and gas industry in India. We initiated a great initiative. I'm very proud of that I contributed. I was a part of the team. We call it 'Project Anubhav’ - which is quite an ambitious digital transformation initiative, aimed at delivering the best customer experience across all touchpoints. When I say all touchpoints, it is about achieving operational efficiencies and enabling an agile and resilient workforce. It is helping us engage customers anytime, anywhere, with a smarter experience and building a smart supply chain and enabling a more agile workforce. We are talking about the workforce also. And with initiatives such as digital nerve centre. So it is Iris, which is situated in Noida, where we are integrating messaging and conversational platforms like ‘Urja’ and ‘Hello BPCL’. So these are the three very important delivery points of our digital journey - i.e., Iris, Urja, and Hello BPCL. So these are customer engagement platforms where we are ensuring that our customers get a seamless experience across all channels. You know, all our initiatives under Project Anubhav are underpinned by the three foundation pillars - trust, convenience, and personalisation. We leverage best-in-class technology solutions and collaboration with leading technology companies to deliver these three to both external as well as internal customers. So that is, we are very proud of having Project Anubhav in our company, which is, I think, a competitive edge it provides to us, as far as the competition is concerned in the eco-system.

    Sukhoon: Nice. Well, Project Anubhav as you mentioned the name, I mean Anubhav ka matlab experience hota hai. So I believe, the three pillars of trust, convenience, and personalisation are definitely the components to the right mix across any sphere of life too. So I'm sure this is going to be a huge success in the years to come by too. Could you give us some examples of how Project Anubhav is enabling BPCL to better engage with customers and provide them with smart experiences?

    Sanjeev Agrawal: Yeah, so it's a long, long way we have come now to this level and, I don't know how much time I will take to deliberate because I become emotional also at the same time, while I’m deliberating on this. So absolutely, our customer engagement platform, which is called 'Hello BPCL', is an umbrella platform for customers to avail of all the BPCL products and services in one place. So at the same time, it gives BPCL a 360-degree view of customers’ energy needs. With Hello BPCL, through our unified mobile app and portal, customers can order LPG refills, recharge fuel loyalty, make payments, and earn loyalty and rewards - all in one place. Not only this, Hello BPCL is our one-stop solution for all our retail - commercial as well as industrial customers. And, BPCL has introduced conversational artificial intelligence, which we call AI - a chatbot, and it is termed as ‘Urja’, for customers. Urja is the first AI NLP chatbot in the Indian Oil & Gas sector, which has been trained on more than 600 used cases and can chat with customers in 13 languages on our website, as well as on WhatsApp. So energy, like, you know, in Hindi we call it - energy means ‘urja’. So, that is why energy is because, in our DNA and core of BPCL, Urja represents that energy with which we engage with the customer. So, we have also introduced ‘U-Fill’. I was at the helm of affairs when U-Fill in the retail business unit, which we propagated. It's a unique, disruptive fuel pre-payment solution for all our automotive customers, unlike conventional post-fueling. When you go to a petrol pump, Ma’am, so you say - ‘pehle aap paisa dete hain aur uske baad fuel lete hain.’ Now here, as a disruptive solution, we are trying to shape customers’ preferences and the customer is doing business with us, that first he has to make the payment to us and then we are going. First, he has to make the payment and then he has to take the delivery of the product. It is quite unlikely that customers are tuned to this way of doing business with us. So, U-Fill enables our customers to have full control of our dispenser. Dispenser is the machine through which you get the fuel in your vehicle. So, the full control goes to the customer and they can easily generate UPI-based prepaid fuel vouchers on Hello BPCL. These vouchers enable customers to fuel their vehicles at petrol pumps in a hassle-free way. And, U-Fill is also integrated with BPCL, as a fuel automation system, which increases ultimately, transactional transparency. Normally, people feel - ‘Arre! Yahaan pe gadbad hota hai.’ So, this is one of the ways through which we are enabling customers to experience transaction transparency, which ultimately gets converted into the ultimate, which I talked about, three pillars of our existence - trust, convenience, and transparency. So this is all about U-Fill. So, you will be surprised to know that, we take now 40 seconds in 100-rupee fuel transactions as against more than one minute, earlier we used to take. So, it is optimising the four quote efficiency, as well as transacting with transparency. So, it's a win-win game. So further, we have also developed an advanced loyalty program for fleet customers, which enables the entire value chain, from the driver in the fuelling bay to the group fleet managers' dashboard to the back-end ERP solutions of the corporate customers. So, this whole gamut of all these offerings is certifying or justifying in the minds of the customer that - ‘Yes, there is a company, Maha Ratna company’ - which is driven through technology these days.

    Sukhoon: No, and I think this is about keeping up with the times also. Today's day and age demands these kinds of solutions which are cost-effective, time effective. And you, as you mentioned rightly, right? Transparency also helps you build up trust and when there is so much convenience, I think it's only fair for a customer to go ahead and give it a try at least, and then they'll definitely get hooked on it. It definitely sounds very impressive, if I may say so. Like it's a pioneer mode, indeed. But, what about the operations and the supply chain, Sanjeev? How has Project Anubhav helped BPCL to enable smart operations and build a smarter supply chain? 

    Sanjeev Agrawal:  We are leveraging the latest technology in artificial intelligence and machine learning to optimise our overall operational performance and efficiency. For instance, with Iris, which I just talked about that we have a Digital nerve centre in Noida, we are processing over 3 million inputs per second. Now you just imagine - 3 million inputs per second from local automation systems, cameras, internet of things, devices, vehicle tracking solutions deployed at operational locations, fuel terminals, LPG plants, fleets of tankers and trucks. So, the whole gamut of this complex infra and ecosystem, you can well imagine how complex a system it can become or if it is already there and the ultimate purpose is, how best we can serve the customer. This integrated system has advanced capabilities of remotely stopping operations. Now you will be wondering - ‘Main kyun keh raha hoon apni operation bandh karne ke liye?’ But it is not about stopping the operation. It is about how we are living up to our promise of delivering trust, which means that I am ready to stop my operation, in case there is a deviation from SOPs - Standard Operating Practices - which are critical for product quality, quantity and safety. And again, thereby, reinforcing trust to the end consumer. We have also built an integrated supply chain for our lubricant business by leveraging a unique QR code solution. It provides end-to-end product traceability across the lubricant supply chain, genuineness, check to the customer and loyalty schemes to the mechanics and retailer, as well. So, these are from the lubricant landscape. So if you see that, starting from location, supply chain, serving at the four quotes at retail petrol pumps, we are seamlessly integrating through technology, all of our operations, with a clear focus on three delivery points. 

    Sukhoon: So I would like to understand one quick thing. So, is this only limited to the specific tier of cities, or is this across the country, wherever, you know BPCL is available? Is there a roadmap that is already in place for this? 

    Sanjeev Agrawal: Yeah, it is across. So, we have around 20,000 petrol pumps, we have 70 locations and depot terminals where we store petroleum products. We have INC consumers, we have LPG plants, 50 in number. So all these across, we have implemented this. And now, the next is - ‘Anubhav Next’. We are terming it from Project Anubhav to Anubhav Next. Once we have already implemented all the technology stacks, now how best we can further enhance the experience of our customers? So, we are benchmarking our own delivery points. We are not satisfied that yes, we are ahead of the competition. But, what next? So that is under Anubhav Next. We have already started working on that and things are in the pipeline, where you will experience the next wave of Anubhav. 

    Sukhoon: That’s amazing. So that's the sequel that we should be waiting for! So, this brings me to my next question for you, Sanjeev. We know how a happy workforce is the key to an organisation's success. You earlier mentioned Project Anubhav enabling an agile and resilient workforce for BPCL. Will you shed some light on this? 

    Sanjeev Agrawal:  As you know, that by now, we have multiple customer-facing applications like ALP, I said, U-Fill, Hello BPCL, LPG Booking, Lube instant gratification, Lube secondary sale, B2B, etc. So, now we are also having a system, which we call the ‘Data stack’. Unless you have the repository or the system sustained, which can capture, collate, assimilate and deliver the data points and the end delivery, it'll not serve any purpose, because, things will go haywire. So, we have a comprehensive system where on a sustainable basis, we collate everything. And the next step is, we are developing ‘Lake-houses’- which is a new buzzword. And, this is the first time we are implementing this in this industry, I would say. So ‘Lake-House’ means that it is going to be state-of-the-art technology, which is implemented across outside globally and we are bringing for the first time into the oil and gas sector, where the data is on a sustained basis. Every single data from our operations in across views are going to rest in this. And, the way we want to churn and get the insights and the perspectives, we are going to give to the customers internally, so that they are well placed, have wisdom for decision making and ultimately deliver all the three delivery points, which I said - trust, convenience and personalisation. So, it’s an interwoven world inside BPCL.

    Sukhoon: It's like the Inception! They say ‘data is the new oil’, Sanjeev, and BPCL must be churning humongous amounts of data from, you know, its transactions. How do you process this data? How does it help you serve the customers better? 

    Sanjeev Agrawal: As I said, because there are too much of technicalities involved in this, so, I will not be detailing those things. But if you ask me to describe it in a very simple way - it is that we have already provided and installed different IOT devices. So we have a technology-driven system at the locations, petrol pumps so that they send the data on a real-time basis. It is not on batch mode. This means, that I am not sending the data at the end of the day, or after 6 hours or 12 hours. So, real-time data availability at my future data lake will be available and I can churn it, massage it the way my internal customer wants, analytics, etc., so that they know the preference of the customer and how best they can serve them. Today, I'm serving them. I'm delivering in a particular way. But, what are the different critical insights a customer can give me? Their behaviour pattern. One customer has not come for the next 30 days, suppose. The system will tell me - ‘Boss, wake up! This customer has not come to your outlet after 10 days or 15 days', and just interacting with us. Engagement is going to be the key with me now so that we have better engagement with the customer. They know there is a company which is available at their doorstep, and I can sell them as they demand from me. I'm using the word ‘demand’. It is not an expectation. Now I am forcing customers to demand from me. That is the beauty of our engagement with the customers. 

    Sukhoon: Nice. And, customer retention, I think, is a very crucial aspect of any business, and I think it's beautiful how BPCL is focusing on that also. I love how you stated that you know, in 30 days, if a customer doesn't return, we will go back and understand what happened and there’s real-time data to, you know, substantiate whatever the next steps would be. This is very interesting, indeed. We are living in times where digital presence is upgraded and evolving by the second. I'd love for you to tell us what are some digitalisation priorities for your company over the next 3-5 years? 

    Sanjeev Agrawal: So, if you ask me about the priorities, specifically speaking, looking at the Oil and Gas industry, we are in a commodity business where products need to be delivered physically. I mean, we have a roadmap for an integrated approach of physical and digital. We are trying to combine the physical and digital aspects of our business, and we call it ‘Phygital’. So, the phygital approach will play a key role in our industry in the delivery of digital experience and customer experience. Our immediate priorities are to create, as I said, a data lake, which is going to be a very, very highly aspirational piece for all of us, and create meaningful personalisation offerings to customers using customised CXX engines. And at the same time, we are also creating additional value for our customers through our digital solutions, which go way beyond the energy needs of our consumers. And, in the longer horizon, we are also transforming from an Oil and Gas company to an Energy company and this transformation, is because we don't want to be termed as only an Oil and Gas company. So, we have internally decided and carved out what are the offerings so that customer considers us as an energy company. So, this transformation can only be possible if our digital building blocks are rightly placed. We must see that the customer's new energy needs are met and at the same time, enhance customer experience by leveraging the data using advanced analytics, which I just described. And blockchain technology and advancing our computational abilities and data handling approaches, we have built a Centre of Excellence also, where we deliberate the insights of our engagement with the customer and we take a proactive call before our competition can even think about it.

    Sukhoon: Well, that's the way I think to go ahead, right? Be able to preempt what the market may look like. 

    Sanjeev Agrawal: We are very agile and proactive. I mean, I am very proud of my team, across. We are quite agile. 

    Sukhoon: So Sanjeev, we know that digitalisation leads to various facets of improvement, including efficiency among employees, improved customer service, which you've highlighted, and better data management, which again you've listed in detail. Will you tell us how a company weighs the benefits of digitalisation against the costs that go into the process?

    Sanjeev Agrawal: It's a tricky question. For many companies, the driver for digital transformation is to reduce cost, because people tend to think - How I can reduce the cost? I think that that should not be the starting point for any leadership. That is not the right way. And, digital transformation leads to creating processes that deliver opportunities for robust value creation and that go farther and wider than just cost savings. And its maturity framework starts with task automation. We have to automate, followed by enterprise integration. And most organisations, if you see, evaluate the benefits against the cost consideration of these two aspects. But the real value lies in the final step, and that is the innovation of new business models of the organisation, where the maximum value is unlocked for the organisation, as well as its stakeholders. And, this is my personal experience, that buying from all the internal teams in the company is highly, highly essential, which sometimes leadership tend to skip and push things from top to down. And sometimes, I also wonder why we don't have this, so that is our DNA in BPCL. I am proud to reflect that teams in the field and actual users have become owners, interestingly. I would not say surprisingly, but interestingly. We, the down-the-line people have become owners and that is the true leadership, that the digital transformation landscape has created internally - that we are owners at one point in time, senior leadership, but down the line, how each stakeholder owns it. And that is the cost which we are seeing and we are optimising. We are a lean cost-driven company. So holistically, if you see, the potential benefit of digitalisation is always high. Iris, as I said, is our command & control centre in Noida. It has helped our field force to address problems before they become critical for the business and safer operations. So, this way we feel that cost optimisation has taken place in BPCL. We are not driven from the very beginning, from the first day, that how we are bringing the cost down. It is the fallout of our integrated approach that we get the benefit of cost. Ultimately, our aim, again, I'm coming to that three delivery points - trust, convenience and personalisation, and, if we can deliver those, cost will automatically follow us. That is the mantra which we follow. 

    Sukhoon: Nice. I think I agree with you wholeheartedly. As I mentioned earlier too, I truly think trust, convenience and personalisation are the keys to success, whether be it in your professional space or personal space. And I love how BPCL is owning up to everything and instilling that sense of belonging in stakeholders who are, you know, now owners, as you rightly highlighted. I think that's beautiful. And I think it's the key to any organisation's success as well. But before I let you go, Sanjeev, with all your expertise and knowledge, and in a more general sense, what advice do you have for companies seeking to undergo digital transformation? 

    Sanjeev Agrawal:  You are aware of the ‘PPT’ word. Normally, when we make a presentation, we make PPT. So for us, in the digital transformation team, we call it three fundamental pillars - PPT - i.e., People, Process, and Technology. If I have to give some tips, though, I don't feel that I'm the right person to give tips, but based on whatever experience I have. Rather, I would like to share this experience that focuses on three fundamental pillars - that is, people, process, and technology. It is important to identify the right kind of, the right set of people to drive that digital transformation for any company. And at BPCL, we have a strong team of 500-plus people who are driving the digital transformation of the organisation. And processes identified for digital transformation, need to be thorough in collaboration with the users of the process. Here, the key communication strategy ensures the benefit to the users. Around 20 years back, the company went through a process of restructuring. I still remember the kind of engagement and communication. We talk about big things. That is the strategy and the teams and all such. But, communication is such a small but highly, highly critical element of making disruptive change in any landscape. It is not about the digital landscape. My experience is communication is the single most, after strategy and execution policies, communication is the single most important aspect, which we tend to forget. ‘Log hain, follow karenge. Employees hain, karna padega.’ That is not the way the business should operate. Communication is from my side, this is the only tip I want to give. Engaging with the internal stakeholders and communicating at the right time. This is what is happening and this is what has gone wrong. We have to change gears. We have to tweak our process and thought process. That engagement should be there with the down-the-line people. So this is all about, I mean the tips, if you call it, I want to give. And last, this is also what I'm recollecting, to sum up. We talk about big things. One basic aspect, apart from engagement and communication is, we should be mindful of the sustenance part because normally project team and the service teams are different. The project wale kaam karke chale jaate hain, but the project guy also thinks that and considers that - what is going to be the future. How are the people going to sustain it? And if they're mindful of this aspect, and build the building blocks around that aspect, then it is going to be a highly long-lasting value-creating proposition. So, communication, strategy, execution, and sustenance. These are the things which one should keep in mind while driving any change in the company. 

    Sukhoon: And it's so good to hear from someone like you, from BPCL, who has set up, you know, process, built teams and is still innovating, is still humble, is happy to share his experiences with us. Thank you so much for sharing your journey and your experiences and the pillars of Project Anubhav with us. Thank you so much for shedding light on the digital transformation. 

    Sanjeev Agrawal:  Thank you. Thank you. 

    Sukhoon: Once again, thank you Sanjeev for joining us. Thank you for keeping us company and sharing these beautiful moments and all the learnings that you have gathered over your tenure at BPCL. As we conclude our discussion on digital transformation in energy companies, I hope our listeners gained valuable insights from Sanjeev's experience and expertise in the industry. BPCL's innovative approach towards implementing technology in the energy sector is commendable and inspiring for other companies in the field. We hope to have him back soon for another informative discussion. Thank you for keeping me company. I am Sukhoon, and I will see you soon with another episode of the BPCL podcast.

    Sukhoon: That was Mr Sanjeev Agrawal, Executive Director (Corporate Marketing) at BPCL.

    Do subscribe to BPCL PODCAST - Unlocking Possibilities, Empowering Lives, wherever you are listening to it from, we have more episodes up!

    Meanwhile, check us out at: https://www.bharatpetroleum.in/.

    You can also follow us on all major social media platforms too!.

    BPCL PODCAST - Unlocking Possibilities, Empowering Lives.

     

    Subscribe to this podcast and also follow us here.

    Twitter: https://twitter.com/bpclimited
    YouTube: https://www.youtube.com/user/bpclbrand
    Facebook: https://www.facebook.com/BharatPetroleumcorporation
    Instagram: https://www.instagram.com/bpclimited/
    LinkedIn: https://www.linkedin.com/company/bpcl
    Koo:  https://www.kooapp.com/profile/BPCLimited
    Website: https://www.bharatpetroleum.in/

    For more details contact:

    Abbas Akhtar - Chief General Manager (Brand & PR) at Bharat Petroleum Corporation Limited
    Saurabh Jain - Chief Manager PR & Brand

    Credits:

    Produced by Spooler
    Managed By Ventures Advertising

    Subhankar Sen, Chief General Manager (Retail Initiatives & Brand), BPCL

    Subhankar Sen, Chief General Manager (Retail Initiatives & Brand), BPCL

    In this latest episode of the BPCL podcast, Subhankar Sen, Chief General Manager (Retail Initiatives & Brand) at BPCL sheds light on the rising popularity of Electric Vehicles in India and shares his insights on its growth prospects, challenges and the plans that BPCL has for the EV market at large, in the near future.

    Listen in. 

    Transcript:

    Sukhoon: As Siddharth packed up his family and prepared for a long drive from Chennai to Madurai in his new electric vehicle, he realised the importance of careful planning. Along with making sure their journey was comfortable with plenty of amenities along the way, he also needed to find fast charging points for his vehicle to ensure they wouldn't be stranded on the road. But Siddharth isn't alone in his concerns - with electric vehicle sales in India surpassing 1 million units in the last financial year, many EV owners are looking for ways to keep their vehicles charged on the go. With the growing adoption of EVs in India, the need for an extensive charging network has become more crucial than ever.

    Welcome to today's episode of the BPCL Podcast! Today, we dive into the exciting world of electric vehicles and the fast-charging infrastructure that's making long drives a possibility. In this episode, we're joined by Mr Subhankar Sen, Chief General Manager (Brand & Retail Initiative) at Bharat Petroleum Corporation Ltd., who shares insights on the growth prospects, challenges, and initiatives supporting the electric vehicle ecosystem. Welcome to the BPCL podcast, Mr Subhankar!

    Subhankar Sen: Thank you. Thank you very much. 

    Sukhoon: So, Mr Sen, before we move on to the bigger, tougher questions that need to be addressed, I wanted to ask you a quick question. Which vehicle do you drive and do you drive an EV yourself? 

    Subhankar Sen: No, I drive a conventional ICE vehicle. 

    Sukhoon: Thank you for that honest answer, Sir. Moving on to my actual question now. So today, electric vehicles are a very small percentage of total vehicles on the streets in India, and yes, I am aware that it is evolving, but what is the forecast of the demand that you predict for four-wheeler electric vehicles in short term and long term in the country?

    Subhankar Sen: So, NITI Aayog has coined the phrase "30 by 30”. So, 30% of all four-wheelers, which are gonna be sold by 2030, are going to be electric four-wheeler vehicles. And say, if you take a midpoint of 25, so it's going to be, say about 10-15% or thereabouts. That's what we are aspiring to achieve by 2025. And, I think so far, so good. 

    Sukhoon: Amazing. That’s quite a broad plan by our nation, for the rollout of EVs in the next decade. Which brings me to my next question - Supply chain is a sensitive topic for EV industry. How do you look at the supply chain for batteries, which is the main source?  We don’t have the raw materials, therefore we import it. Some of the source countries, we do not have friendly relations with, so the cost of acquiring them may not be very competitive. Would that hamper the growth of EVs in India? How OEMs can secure local, sustainable battery supply?

    Subhankar Sen: So, you know, that's a good question. There is a big drive towards indigenisation in the country. And let me tell you this, a large number of components which go into an electric vehicle are actually being manufactured today in the country. And this is part of the government’s Make in India mission. There are some specifics about, you know, about the battery, the cathode and the anode, which are as of now, we are dependent on imports. But, that's how it is. I mean, and that's how it is across the world. And, we are no different. As of now, I think, there is enough and more in the supply chain to meet the current and emerging demand. But, at the same time, like I said, you know, there is, we have a great startup culture in the country and, we are quite sure that more and more indigenisation will happen in a rapid pace. And, India has the competency to quickly adopt the technology. As we all know, as we have seen in the case of the other technologies. So, that will happen. And it'll be a part of the evolution. 

    Sukhoon: That’s fair enough, Sir. I completely agree with you on that point. That it is true, India is equipped to adapt to that technology. But, moving on to the most important aspect, which does rule any kind of industry or any market or the globe for that matter- it is all about the money. Now, cost is a big factor for electric vehicles and India, we all know, is a price-sensitive market, especially in the lower segment, short-range vehicles. What efforts are being made to make EVs affordable to the masses? I would love for you to tell us, Mr Sen, how do you think this can be made possible? 

    Subhankar Sen: Yes. You know, for the first time in January, we have now a sub-1 million vehicle in the EV segment, with the launch of the Tata Tiago EV by Tata Motors. So I think, that mental barrier of 1 million or 10 lakhs has been broken. And, very soon we will see several other OEMs following suit. So, I mean, all the OEMs are aware of the fact that you know, they have to bring in an electric vehicle of the masses. But having said that, India is an aspirational country and vehicle owners are very aspirational. So, I don't really see the vehicle that we have in the price ranges. I don't really see that being a very, very big deterrent because we have very good vehicles in this sub-2 million bracket and those are extremely efficient. And, the total cost of ownership is already established. So, if you take the total cost and not just the acquisition cost, I think the EV owner, even today in India, is going to be very happy. Well, you know, it all depends on the features. It all depends on the range you want because the big factor is range. So the battery cost in an EV comprises about, you know, close to 60% of the cost of the vehicle. In anywhere between 50 to 60 per cent. So, if you are very particular about range, then of course you go for a slightly higher-end vehicle. But like for instance, the Tata Tiago EV has a 20-kilowatt battery and it's good to give you about 200-odd kilometres. And, I think for normal motorists, that's good. But, somebody who wants to go on a highway, you have the MG ZS EV. And we are actually partnering with MG Motors as well. So that has a 44.5-kilowatt battery and that gives you a higher rate. So it all depends on what the consumer wants, really. But there is a product range in that. 

    Sukhoon: Even, I truly believe that Mr Sen. I truly think Indian consumers are supremely conscious and aware when it comes to spending money and they definitely wouldn't mind the cost if the vehicle has quality and is efficient. Now, Mr. Sen, I just wanted to ask you about the most important factor when one picks up an EV - Charging. Now this was a point which my family and I also did think about when we were trying to, you know, pick an EV last year and which is what sort of made us take a backseat -the charging points. Now, the charging infrastructure network is one area of concern, especially at public places. Now even for the owners who prefer to drive within the city, say 30 to 40 kilometres range - everyone may not have the access to a dedicated parking place with a charging facility having the right load, especially those who live in lanes and by-lanes of towns and cities. Like I know I live in one. So it's been a concern. Now, another concern is the range anxiety of EV owners when they drive out on highways. There is a genuine need for a safe and clean space with fast chargers and a place to spend time and take breaks while the vehicle is charged. Therefore, my next question, is how BPCL with its nationwide network of fuel stations, are supporting the EV industry by setting up charging stations and what is the future plan for expansion?

    Subhankar Sen: You know, this is the classic “chicken and egg” story. But, you know, BPCL has taken it upon itself to actually do its bit to hasten the adoption of EVs in the country as part of the country's energy transition plans. And, we have now set upon creating a network of fast charging stations across the country, more importantly on the highways and we have launched a proposition called the Electric Vehicle Fast Charging Corridors. And these are across the major highways of the country, which are connecting major cities, and major economic centres, and actually take care of three anxieties that a current EV owner or a prospective EV owner has. The first anxiety that he has, is range. How far can I go in an EV? Second, is discovery. Where can I find a place to recharge my vehicle? And third, is time. How long does it take to charge my vehicle? So what our plans are - is that an EV consumer before he leaves home can get onto the ‘Hello BPCL’ app, which is our unified app. We have our EV proposition is branded as E-Drive. And you can plan your complete journey on E-Drive. So, if you are travelling from, say, for instance, from Bombay to Delhi, or Bombay to Bangalore or anywhere, you can plan your journey. You can plan your recharge stops. You can even, you know, in the near future, we will have a provision where you can even book slots that, you know, I'm going to be here at this point in time, and I want to charge my car for half an hour. So we are setting up a complete network of EV chargers and these chargers will be at a distance of 50 to 100 kilometres from each other on that same highway so that the EV owner does not have to alter his journey plan. So, if he is set out to go to Bangalore from Bombay, he can just be on NH4. He does not have to go anywhere. He does not have to go into the city to charge or go to any distributorship to charge. He just has to be on the highway and at every 50-100 kilometres, you will find a BPCL E-Drive fast charger in one of our retail outlets. This actually, we are now calling it the ‘Corridors of Confidence’. It's all about giving confidence to the EV owner, that he can travel anywhere without any of these three anxieties, having to worry about any of these three anxieties - range, discovery and time. And, these are all fast chargers so you can just top up for about, you know, in about 20 minutes, you are good to go for another 100-120 kilometres. By which time, in any case, you would like to take a break, you top up your vehicle by say another 20-30% or 40% of charge in the next 20 to 30 minutes and then you're good to go on your journey again. So, that's the whole value proposition that we have through our fast-charging corridors on the highways. Likewise, we are also setting up fast charging stations in cities and that exercise is underway. We will be starting with the major cities where, as of now, the population of EVs is higher, and slowly will be rolling out in all the major markets in the country. So, very soon you will have a network of EV charging solutions, that we call them because, we are also mindful of the fact that, you know, what does the customer do when he's charging his EV for say, 20 minutes to half an hour? And in some of the places we see that the customer is there for about an hour because he wants to completely recharge his vehicle to 80%. So, how do we allow him to gainfully use his time? So, our retail outlets offer a host of amenities. We have clean and hygienic washrooms because that's a very big need for the customers, especially if you are on a long-distance trip. We have financial services, micro ATMs in most of our outlets, through our partnership with Fino Payments Bank. In several of our outlets, we also have refreshments and we are also setting up cafes under the brand name B-Cafe, in our EV charging stations. So, the consumer is going to get - for him, it's going to be a package. It's going to be a solution so that, his time is gainfully spent. And, as you know, the BPCL retail outlets are the safest place because we are open 24 hours on the highways. In the cities, we are open for extended hours. These are very safe. They're all PESO approved. Well-illuminated. So safety, which today is of paramount importance, is absolutely assured in the BPCL Network.

    Sukhoon: Now, this is an exciting thought and an insightful strategy you have, Sir, with regards to the EV charging stations, micro ATMs, refreshments and safety solutions. I mean, that's pretty much what a family or set of friends who are out on the highway would look for. Now, charging stations are definitely the need of the hour for present and future EV owners, and I can't wait to see this happen. And this brings me to my last question before I let you go. According to a report by the Society of Manufacturers of Electric Vehicles (SMEV), the EV industry in India will create over 9 million job opportunities by 2030, including exciting opportunities for EV engineers who will play a critical role in EV design, production, and maintenance. Now, with your experience and expertise, I would love for you to tell us how do you see the Engineering Colleges’ curriculum evolving to develop the EV engineers? 

    Subhankar Sen: Yeah, that's another brilliant question. Actually, that’s the brighter side about this, this new energy form factor. We are opening up opportunities, for not just job creation, but a whole lot of value addition that is happening. I'll just give you an example. You know, we’ve been supporting an event called “Baha” by SAE India, and it's a rally for all-terrain vehicles. Participants are from all engineering colleges across the country. And, you know, they manufacture the All-Terrain vehicle, themselves. And, there is a competition which is run every year in a place called Pithampur, which is close to Indore. So for the last, we've been supporting this event since 2007. So for the last 14 years, it's all been ICE vehicles. The All-Terrain vehicle has always been a petrol vehicle and we've been supporting them throughout branded fuel speed. For the last year and this year, they have now introduced a very popular category. And that's the electric vehicle. That's the electric All-Terrain vehicle. All the colleges and I can tell you this, they are, it has become so popular and there is so much of passion amongst the students of all the engineering colleges, and you have close to, 300 colleges participating in that program, in that competition. So, these are the top-notch engineering colleges across the country. And, we've been interacting with the faculty. We've been interacting with the students and, it's very heartwarming to know that the engineering colleges in the country are already alive to the fact that, this is the future. We need to equip our students, our future automobile engineers with the latest in EV technology. So, you know, that's already happening in the academic space. In the startup space, there is a lot of work happening, you know, from Startup India, Invest India support. We also support the startup space in the EV segment. And there again, we see a lot of youngsters, looking at R&D, looking at various components in the EV value chain. So there is already a lot of work which is happening in the knowledge space. So, knowledge of technology, knowledge of BMS, you know, that's the Battery Management System. It is the heart of the electric vehicle. So there is a lot of work happening on that in that area. There's a lot of work happening in the styling, in features. So, you know, India is all set because we have the, you know, and there is a reverse brain drain that's happening today. And we are all a witness to that. So I think it's all happening in India. So, knowledge, acquiring new skills - I think all that is happening in a big way in the country. It's all good for our economy, and it's all good for the country. 

    Sukhoon: Impressive, sir. I can already tell that with the way things are and plan for the next decade. India's definitely on the path to being an all-EV country, and I for sure am definitely charged to be a part of this revolution and see what the country turns out to be.

    Subhankar Sen: Absolutely. We are looking forward to that and, we would like to play and be a major participant in this very important energy transition. We are in the space of providing energy for mobility. And whatever form factor the energy comes in, rest assured BPCL is going to be there. It's electric now. Tomorrow it could be, we are already in CNG as you know, and tomorrow it could be Hydrogen. But, we will always be, BPCL will always be a major participant in any form of energy for mobility. 

    Sukhoon: Absolutely. With you on that one as well, Mr Sen. It is all about easy access to buying an EV and making sure it causes no trouble. Thank you so much for being here on the podcast today. I do know our listeners have gained some value insights especially since we spoke about EV charging and safety solutions and the plan for the technology in the startup space in the EV segment in the next decade or so. It's been absolutely wonderful talking to you, Mr Sen.Thank you so much for your time. 

    Subhankar Sen: Thank you. Thank you very much. 

    Sukhoon: That was Mr Subhankar Sen, Chief General Manager (Retail Initiatives & Brand) at BPCL.

    Do subscribe to BPCL PODCAST - Unlocking Possibilities, Empowering Lives, wherever you are listening to it from, we have more episodes up!

    Meanwhile, check us out on: https://www.bharatpetroleum.in/.

    You can also follow us on all major social media platforms too!.

    BPCL PODCAST - Unlocking Possibilities, Empowering Lives.

     

    Subscribe to this podcast and also follow us here.

    Twitter: https://twitter.com/bpclimited
    YouTube: https://www.youtube.com/user/bpclbrand
    Facebook: https://www.facebook.com/BharatPetroleumcorporation
    Instagram: https://www.instagram.com/bpclimited/
    LinkedIn: https://www.linkedin.com/company/bpcl
    Koo:  https://www.kooapp.com/profile/BPCLimited
    Website: https://www.bharatpetroleum.in/

    For more details contact:

    Abbas Akhtar - Chief General Manager (Brand & PR) at Bharat Petroleum Corporation Limited
    Saurabh Jain - Chief Manager PR & Brand

    Credits:

    Produced by Spooler
    Managed By Ventures Advertising

    IWD - Meenaxi Rawat, IES, Chief Vigilance Officer & Sanjeeta Koul Gupta, General Manager and Team Incharge, IS applications, BPCL.

    IWD - Meenaxi Rawat, IES, Chief Vigilance Officer & Sanjeeta Koul Gupta, General Manager and Team Incharge, IS applications,  BPCL.

    In this special episode of the BPCL podcast, two women leaders - Meenaxi Rawat, IES, Chief Vigilance Officer and, Sanjeeta Koul Gupta, General Manager and Team In charge, IS applications, at BPCL, celebrate International Women's Day and talk about Female Leadership and the importance of gender equality in the BPCL workforce.  

    Transcript: 

    Sukhoon:  Hi, and welcome to the latest episode of the BPCL Podcast - "Unlocking Possibilities, Empowering Lives.” In this series of podcasts, listen to conversations with thought leaders from the industry on the future of the energy landscape. In today's episode, which is just in time for International Women's Day, we are celebrating Female Leadership.

    Joining us today are two amazing leaders from BPCL, Ms. Meenaxi Rawat, IES, who is the Chief Vigilance Officer and Ms. Sanjeeta Koul Gupta, who is the General Manager and Team In-charge, IS Applications at BPCL. Happy Women's Day to both of you and welcome to the show. 

    Meenaxi Rawat & Sanjeeta Koul Gupta: Thank you. Thank you. 

    Sukhoon: Once again, thank you for joining us, Meenaxi Ma’am and Sanjeeta ma’am. I think it's time that we get chatting. So Meenaxi Ma’am, will you please tell us a little more about yourself? 

    Meenaxi Rawat: First of all, I wish you all a very Happy International Women’s day. Let's celebrate every day as women's day. About myself, you know, I come from a humble middle-class family and I was born in a village in Uttarakhand state and was raised in Jaipur, Rajasthan. I did my schooling and college in BA Economics honours, and university, in fact, M.A and M.Phil in economics and also did one year of Rajasthan State Service in Jaipur itself. So I joined my Indian Economic Service in 1993. Yes, and served in eight different departments of the government of India and posted in a different part of India also. And I'm in Bharat Petroleum as a Chief Vigilance Officer for the last one and a half years. Yeah. I would like to mention here that, I'm also into running since 2013 and have run many half-marathons. Recently run the TATA marathon in January. And you guys, my passion and, I have been practising since, from the last 19 years, yes. And I could overcome many ailments due to yoga and it has really made me a very disciplined and you know, balanced person I feel. And personally, as far as the personal front is concerned, I have two daughters and, my husband is working for TATA in Mumbai. 

    Sukhoon: I love how you're so passionate about Yoga and marathons. Here I am, every single day, telling myself that today is the day I'm going to make a change and make sure I at least finish my 10,000 steps. So maybe after chatting up with you today, I might just find my inspiration. But thank you for sharing this bit about yourself. Moving on to you, so Sanjeeta ma’am, how has your journey been at BPCL? What has it been like for you being associated with such a prestigious organisation over all these years? 

    Sanjeeta Koul Gupta: See, I joined BPCL way back in 1995, and I have put in almost 28 years of service. During this period, I got to work in various roles, initially in a team under Engineering & projects, and later CPO. And then, in the IT domain, when I was moved to the IS department. Currently, I am a part of the corporate IT team, which we are also referred to as IS team, Applications Domain. Our team is handling applications for processes pertaining to procure-to-pay finance, capital investment, real estate, master data, and SAP Access Authorisation Management. The primary responsibility for delivering technology-driven solutions for business problems, touching both internal and external stakeholders. If I have to summarize in one line, we will say that we innovate to build digital tools to make business processes simpler and easier, within the framework of process compliance, governance, and enhanced user experience.

    Sukhoon: Well, digital is the way to go, Sanjeeta ma'am. So, I think you are definitely doing a fantabulous job and I'm still hanging onto the bit where you said you started work with BPCL in 1995. I think I was probably in school at that point in time. So, but moving on to our next question, which is for, Meenaxi ma’am. So Meenaxi ji, what is your take on equal opportunities for men and women in professional life and, what are your experiences in this regard?

    Meenaxi Rawat: Yeah, regarding equal opportunities, you know, if I feel personally if you feel that, you know, many people like most people who are from the urban background, we are fortunate that personally, we got many opportunities to educate in better places and also get into the services. And, for me, my father was a very progressive person, so he gave us both - we’re daughters - a good opportunity to study. And, we were never in a hurry to get married. In our time marriage used to be at the age of 21, but I got married at 27. My sister got married at 28, and she's a professor. So, only after achieving our career that we got married. So that is the first part. Not many people get this. And I feel that there's a perception also, you know, there's occupation segregation over the years. There's a division of labour. Men are perceived as bread earners and women as primary care caregiver kind o a thing. That also impacts a lot, that kind of, you know, perception. Professionally, I feel that once I entered into the services, organized services. There's a very lot of difference between being in an organized service and an unorganized service. When you're in an organized service, I feel that we get good equal opportunities and it is up to us to really work hard. Once we clear the civil services, all our men and women need to work hard and, you know, build their reputation. Accordingly, assignments come your way. In fact, I feel that your reputation travels before you reach to a place. In the organized sector, I think we get good opportunities to prove our calibre. We have to work hard for it. 

    Sukhoon: Well, I think the one thing that you said, Meenaxi ji that, you know, the reputation travels before you do is applicable to any industry that you're a part of. I think, be it an organized sector or an unorganized sector or speaking of the industry that I am a part of, you know, like media places also work the same way. So I think it's a good point that you've mentioned where you know, one needs to work hard, get the right education, and grab the right opportunities, and definitely work hard. And continuing with the same chain of thought - Sanjeeta ji, my next question is for you. You mentioned at the beginning how you have been working with BPCL since 1995, and I'm sure you've seen a lot of changes. But how has it been working as part of the technology team here? Was gender ever a challenge? Did you ever face any tough times or did you ever have any lost opportunities because you were a woman? 

    Sanjeeta Koul Gupta: See, a lot of opportunities that came to us along the way and working has been very exciting, very eventful. And, that has kept me going. It has been a very, very exciting journey. It has been a great and enriching experience to be part of Corporate IS team of BPCL. You see, BPCL as an organization, has always been ahead in using technology. We were one of the first organizations in Oil & Gas to have implemented ERP, which integrated all of our business processes on a single platform. It was a major milestone and effectively started the digital journey of BPCL. Now, working in IS team has helped me in learning business processes across the organization because we cater to all businesses and entities, whether it is a new business process or a change in the existing process, our team that is the IS team has a role to play. Even when people, new people join or existing role holders move from one business to another, IS team gets involved in knowledge sharing as well. This, in turn, helps us to assess the pain points and areas of improvement. Now, I am extremely thankful to this organization for providing me with immense opportunities to be part of this digital journey. I have, in fact, been part of teams responsible for implementing some of the pathbreaking digital initiatives, which laid a solid foundation for digital transformation. In fact, I was fortunate because I even got the opportunity to lead some of these project implementations. Currently, also, we are focusing on creating digital tools for ease of working, business analytics and back-end automation. So, overall working in IS team has been eventful as we always have a new business problem to be solved. A lot of thinking, creativity, and effort goes into delivering a system solution or rolling out, say, a mobile application. So, it is really very exciting to be involved in all this. Now, coming to the second part of your question, whether gender was a challenge, the answer is simple. NO. In fact, this thought has also never crossed my mind in all these years. We got all the support and freedom to innovate and experiment in these 28 years, I would say.

    Sukhoon: Now, 28 years in itself is a milestone, Sanjeeta ji. Congratulations on being here for that long, and I'm sure your expertise and your knowledge will continue enhancing BPCL’s presence. Moving on to our next question Meenaxi ma’am - I would love for you to help us understand. In your opinion, how can women achieve success while maintaining the right work-life balance and avoiding burnout? Or, I would love for you to just simply, you know, help us understand what makes you a “superwoman.” 

    Meenaxi Rawat: I think, I believe that I do not believe in idolizing the term “superwoman”. We are all just humans and applauding this term, makes, you know, women expect too much from themselves and then eventually leads to a lot of stress. So this superwoman term, I don't feel sometimes this really, you feel like doing everything on your own. I feel like, you need to be a great manager, and delegate the work to your spouse, to your family and in the office also, you need to delegate to your subordinates and that, obviously supervision will always be yours. And, try to develop a great support system. That will take you a long way. In fact, all the, you know, woman achievers you read about. In Indra Nooyi’s achievement, I was just reading her bio-data. I think that there's a book about her. So there also, her mother also supports her and her husband also sacrificed a lot for her career. So this kind of support system is required, when your kids are young and also later on. And I feel that mental strength is also very important. If you feel that I have to do something, then you have been able to do it. That mental strength I think comes over the time with experience and you build the kind of grit and determination to achieve something.

    Sukhoon: Meenaxi ma’am, I absolutely love how you have steered our conversation to my next question because I truly think equality has to be across all spheres, and it is not about having any privilege on the basis of gender. Now, that said, Sanjeeta ma’am, I would love for you to tell us - what is your takeaway on using technology for gender equality in society at large?

    Sanjeeta Koul Gupta: See, I believe that technology is a very, very powerful tool which can be used to empower women in multiple ways. One of the first and foremost ways and the important areas where technology can make a huge, huge difference is education. Not having access to education has been a limitation for many girls and women in various sections of society. Education has now become more accessible thanks to digital devices, in the hands of people. Technology has enabled learning from anywhere and sometimes at our own convenience and comfort. That is why probably e-learning is gaining a lot of popularity. So going forward, it'll help in removing many barriers that created obstacles in accessing quality education. And once you have access to education, this will in turn open opportunities for employment and financial independence and much more such avenues. Secondly, I think technology is also opening up opportunities for women to start their own businesses, mainly due to the enablements with easy-to-use marketplaces, payment platforms, et cetera. Third thing is that post covid, there are many opportunities for women to work from home, wherever it is possible, and this will definitely help those women who otherwise face constraints in working away from home. I can tell you that, technology has given women a reason to aspire and achieve now, and I'm confident that this is going to be a game changer in near future.

    Sukhoon: And that's definitely happening around us right now. In fact, the world that we live in is consciously becoming aware and empowering women with everything that's possible. And this year anyway, the theme for International Women's Day is choose to challenge. So I'm sure there will be many more glass ceilings that will be shattered. So actually, Meenaxi Ma’am, my next question is for you. How do you think we can advance the process of women's empowerment at work? What are the benefits of having empowered women like yourself and Sanjeeta ma’am at workplaces? 

    Meenaxi Rawat: I feel that, you know, a supportive institutional framework can immensely help advance the process of woman empowerment at work. For example, I will like to highlight this, in Bharat Petroleum last year, you know, they have come out with a policy for female employees for giving a choice of postings in the early part of their career so that they can get parental support in raising their kids. So these kinds of policies are very, very friendly to the woman. And recently, I was just reading that the Honorable Prime Minister also advocated to use the system - like flexible working hours to retain women in the labour force. So you must be knowing that woman's participation in the labour force is falling. It is, it was earlier 20%—25%, in fact, a decade back. This means one-fourth of the females were in the labour force. Now it has come down to 20%. 20% means one-fifth of the female forces in the labour force. So this is quite serious. It has a societal impact. It has an economic impact. But as compared, we know that, globally, women's labour participation is 50%. See where are we. So we need to have, to enable supportive institutional framework by each company and overall also as a policymaker, should have enabling provisions. First, I feel that if a woman empowered women at the labour force. So really sensitize the people around the workforce and so, encourage other women to look up to the achiever, those who are in leadership positions. In fact, when I was a child that time, our Prime Minister was Indira Gandhi, so I used to look up to her and used to dress like her dress and, you know, have her haircut like her. We have to idolize the women who are in higher positions, at the leadership place. And if you feel that they can achieve that, we can also achieve that. So this way, it is very important, but at the same time I feel that not only in the workplace but also in the household, it is very important. The way you the empowered woman is at home is the way sons are being raised. And in fact, I feel that a male colleague's view on women at the workplace has a lot to do with the women they are surrounded with at home. So both, professionally and personally, I think, it has a lot of importance. 

    Sukhoon: Well, we know it's true what they say - "all kinds of changes begin at home" - the good and the big ones. So, I think it's super important for anybody to look at the role models that they have around us. And I think you've touched the right point, Meenaxi Ma’am. My next question is for you, Sanjeeta ji. Speaking of everything that's happening around us and the way we are equally involved in trying to make sure that people around us are empowered, especially women. How do you see the future of work evolving in terms of gender equality and diversity? 

    Sanjeeta Koul Gupta: See, as I already said, that technology advancements are changing the dynamics and presenting new opportunities. I'm hopeful that more and more women will come forward in taking up new challenges, and this will increase every day. This will, in turn, benefit organizations as well as society, because diverse teams have their own benefits. Diverse teams are more productive, perform better, boost creativity and innovation and decision-making is also better. And it also helps us at creating a wider pool in the workplace. So it is beneficial to all and I see this happening sometime in the near future only. 

    Sukhoon: Sanjeeta Ma’am, I think you've said what was on my mind. Unity in diversity, which seems to work well for society and for the country as well. Moving on to our next question, Meenaxi ma’am, what advice would you give to women who are seeking to advance their careers in male-dominated industries like ours?

    Meenaxi Rawat: So, as I told you, there is definitely grit and your determination in not giving up are foremost important. We all dream very big and those who succeed, you know, those few successful ones who don't give up. So I feel that there is always a failure in everybody's path, but those who's faced the fear, faced the, you know, failure and learn out of it, they win over it. So I feel that, we should, all people should, there are so many opportunities around us. We should recognize opportunities that come our way and try to make the best use of it. And also, this is also very important that you surround yourself with positive people, the right people. They are our greatest influencers. You know, don't bother about the criticism. If you're surrounded by nice people, positive people, you really work very nicely. And, I also normally say that you don't take yourself very seriously. You should be sincere. Sincere but, not serious. And lastly, I will say take very good care of yourself. Your body is your partner, life partner. It's not your spouse, your kids, or your family relative. I learned it the hard way. That's why I'm telling you. So you take one hour for yourself. It's “me time”. Don't feel bad about it. This “me time” is for mental, spiritual and physical well-being. If you are good and healthy, then you benefit the organization and your family in the long run. Lastly, my word will be that - Be fierce. Be fearless. Be flawed.

    Sukhoon: Now that,  I want it on a T-shirt. I think I will definitely get it printed. Meenaxi ma’am, thank you. Be fierce. Be fearless and flawed - because I think we do tend to pressurise ourselves too much with goals, with expectations. I think it's okay to let down a little and let go a little. Thank you so much for this Meenaxi ma’am. This has been really motivating for me, right from ensuring that I do wake up and find time for myself to counting my 10,000 steps. But before I let you both go, one last question. What advice will you give to younger women joining BPCL and what expectations do they need to set, Sanjeeta ma'am?

    Sanjeeta Koul Gupta: See, I have to tell them that you will be becoming part of a great organization once you join BPCL. There will be many opportunities that will come. So grab the chances and opportunities when they come to you. Don't be afraid. Do not preoccupy your mind with any kind of limitations. This organization will always support you to excel, to help you excel in your professional roles.

    Sukhoon: Thank you both for being here on the special podcast today and sharing so much wisdom and experiences that you've garnered over the last few years. In fact, decades of, you know, life and work both at BPCL. This podcast will definitely have a greater impact on women in the workspace for sure. 

    Meenaxi Rawat: Thank you very much.

    That was Ms Meenaxi Rawat, IES, who is the Chief Vigilance Officer, and Ms Sanjeeta Koul Gupta, who is the General Manager and Team In-charge, IS applications at BPCL. 

    Do subscribe to BPCL PODCAST - Unlocking Possibilities, Empowering Lives, wherever you are listening to it from, we have more episodes up!

    Meanwhile, check us out on: https://www.bharatpetroleum.in/.

    You can also follow us on all major social media platforms too!.

    BPCL PODCAST - Unlocking Possibilities, Empowering Lives.


    Subscribe to this podcast and also follow us here.

    Twitter: https://twitter.com/
    YouTube: https://www.youtube.com/user/bpclbrand
    Facebook: https://www.facebook.com/BharatPetroleumcorporation
    Instagram: https://www.instagram.com/bpclimited/
    LinkedIn: https://www.linkedin.com/company/bpcl
    Koo:  https://www.kooapp.com/profile/BPCLimited
    Website: https://www.bharatpetroleum.in/

    For more details contact:

    Abbas Akhtar - Chief General Manager (Brand & PR) at Bharat Petroleum Corporation Limited
    Saurabh Jain - Chief Manager PR & Brand

    Credits:

    Produced by Spooler
    Managed By Ventures Advertising

    Sukhmal Jain Director Marketing BPCL talks about India Energy Week

    Sukhmal Jain Director Marketing BPCL talks about India Energy Week

    In this episode, Sukhmal Jain, Director (Marketing) speaks about India Energy Week, a momentous gathering of 30,000+ energy professionals from 100+ countries, which is being held in Bengaluru from 6th - 8th February 2023, and how BPCL with a humungous presence in the entire hydrocarbon value chain, is metamorphosing into an Energy Company

    Transcript:

    Sukhoon:  Hello and welcome to the  BPCL PODCAST  with me, Sukhoon. Joining us is Sukhmal Kumar Jain, Director (Marketing), Bharat Petroleum, who elaborates on how the theme of ‘Unlocking Possibilities, Empowering Lives’ at the PSU’s pavilion at India Energy Week encompasses its progressive strategy and determination to evolve new energy solutions to serve the nation.

    Welcome to the BPCL PODCAST!

    Sukhmal: Thanks for having me.

    Sukhoon: Mr. Jain, How important is India Energy Week 2023, both to your company and to the global oil, gas and energy industry?

    Sukhmal: India is one of the fastest-growing large economies in the world, poised for brisk and sustained energy growth for the foreseeable future, with an impetus for evolving and deploying cleaner energy solutions on an increasingly greater scale. Thus, India is a huge opportunity for fruitful engagement at multiple levels. Bharat Petroleum (BPCL), the second largest National Oil Company in India and a Fortune Global 500 company, with formidable core strengths, humongous nationwide operations and clear path towards clean and sustainable energy, is showcasing its vitality at India Energy Week 2023.

    Sukhoon: That’s amazing to know sir, that India has a huge opportunity to engage during India Energy week at several levels and that BPCL has laid a clear path toward clean & sustainable energy, which brings me to my next question. What is the central theme of your company’s participation at the India Energy week and are you launching any new projects or services with regard to that?

    Sukhmal: In India Energy week 2023, The theme of BPCL Pavilion is ‘Unlocking Possibilities, Empowering Lives’. This encompasses our aspiration, progressive strategy and determination to evolve new and improved energy solutions to serve the nation with abundant, affordable, clean energy. BPCL has been charting a pragmatic path in its journey of energy transition and has expressed its commitment to achieving the ambitious goal of ‘Net Zero’ in Scope 1 and Scope 2 emissions by 2040. For that, we have unfolded a slew of initiatives that are shaping our transformation from a predominantly oil and gas company into an ‘energy’ company. Also on the display will be our massive digital transformation journey, which has enabled enhanced trust, convenience, and personalization to deliver novel customer experiences by leveraging digital integration and advanced analytics based on artificial intelligence and machine learning technologies. 

    Sukhoon: That is quite a progressive strategy, Mr Jain, especially since you brought up the vision of BPCL achieving the Net Zero emissions in scope 1 and 2, by 2040 and stepping into the age of digital transformation with a focus on delivering novel customer experience and elevating trust in the company. Mr Jain, this is the first event of its kind, right, that brings together conventional and unconventional energy companies on the same platform. How do you think India Energy Week will build synergy between the two of them?  Do you believe this will shape the future of the energy industry in India and beyond? 

    Sukhmal: From the perspective of the energy transition, the boundaries between traditional energy companies and renewable energy companies are blurring. We, at Bharat Petroleum, are implementing a stage-wise long-term plan to multiply our renewable energy share and expanding solar, wind, and biofuels. We are expanding our renewables portfolio and have plans to reach 1 GW of renewables by 2025 and 10 GW by 2040. Also, we are accelerating biofuels in this pursuit. We are presently blending 10% ethanol in petrol, with a target to reach 20% blending by 2025-26.

    Sukhoon: That is refreshing to know that lines are blurring between the traditional and renewable energy sectors, since that is important for what the future holds for energy companies in India, in terms of solar expansions, wind expansions and renewable energy at large. Mr Jain, India Energy Week 2023 is being organised during India’s presidency at the G20 and the Shanghai Cooperation. Do you think this will reflect on the unique opportunity to showcase India as an engine of global economic growth and a driver for global consumption in the energy sector?

    Sukhmal: India recently overtook the UK to become the fifth-largest economy in the world and is the third-largest consumer of energy. It is the most populous country, with a favorable demographic composition. This puts India firmly at the center of the global map, as a major driver of economic and energy growth, as well as, a regional and global economic powerhouse, which is being showcased emphatically at India Energy Week 2023.

    Sukhoon: How critical is India’s role in the global energy transition and in solving the energy trilemma of security, affordability, and availability? As a pillar of India’s energy sector, what role do you see your company playing in that journey?

    Sukhmal: By fast-tracking renewable energy, India is demonstrating the enormous potential of clean energy solutions to combat climate change. India has the world’s fourth-largest cumulative renewable energy capacity installed today and has emerged as one of the cheapest producers of it in the last few years. Remarkably, India has multiplied its solar power generation by as much as 50 times since 2012 and also has a target to triple its non-fossil power generation by 2030. Alongside the national goal to rapidly decarbonise the economy, Bharat Petroleum is making strides in its own energy transition. We are also expanding our R&D efforts and technological collaborations to enhance and develop clean energy solutions. As India aims to increase the use of natural gas in its energy mix to 15% by 2030, BPCL, along with our JVs, is expanding its presence in CGD space, with licenses for developing CGD network in 50 geographical areas covering 105 districts, after 11th CGD bidding round. The success in the past few CGD rounds has placed BPCL among the top 3 CGD players in the country. We also supply gas to refineries, as fuel for process and utility heaters, hydrogen generation unit and gas turbines. In the electric mobility space, to address range anxiety of electric four-wheelers, we have come up with a novel concept of creating Highway Fast Charging Corridors. We plan to convert more than 7,000 conventional fuel stations into energy stations, in the medium to long term, providing multiple fuelling options. To achieve our target of ‘Net Zero’ in Scope 1 and Scope 2 emissions by the year 2040, a water electrolyzer-based green hydrogen plant of about 9 tons per day capacity has been planned at our Bina Refinery, which is expected to be commissioned in 2025. We plan to scale up green hydrogen production in the medium term.

    Sukhoon:  Mr Jain, thank you so much for giving us the perspective on India Energy Week, BPCL’s participation and how BPCL is steadfastly anchored to the energy needs of the nation and aligned with global climate action, having embarked upon an ambitious voyage of energy transition towards a cleaner and sustainable future.

    Sukhmal: Thank you so much.

    Sukhoon:  Do subscribe to this podcast wherever you are listening to this podcast from, we have more of our upcoming episodes of the BPCL PODCAST, and trust me, we do have plenty on the way.  You can also find us and follow us too, we are on Instagram and Twitter @BPCLimited. You can also find us on Facebook by typing in Bharat Petroleum Corporation Limited! This was the BPCL PODCAST, by “Bharat Petroleum Corporation India Limited - Energising Lives”.

    END.

    You can also follow us on all major social media platforms as well!

    BPCL podcast, unlocking possibilities, empowering lives.

    Subscribe to this podcast and also follow us here.

    Twitter: https://twitter.com/bpclimited
    YouTube: https://www.youtube.com/user/bpclbrand
    Facebook: https://www.facebook.com/BharatPetroleumcorporation
    Instagram: https://www.instagram.com/bpclimited/
    LinkedIn: https://www.linkedin.com/company/bpcl
    Koo:  https://www.kooapp.com/profile/BPCLimited
    Website: https://www.bharatpetroleum.in/

    For more details contact:

    Abbas Akhtar - Chief General Manager (Brand & PR) at Bharat Petroleum Corporation Limited
    Saurabh Jain - Chief Manager PR & Brand

    Credits:

    Produced by Spooler
    Managed By Ventures Advertising

    Shri Hardeep Singh Puri, Hon'ble Minister of Petroleum & Natural Gas and Union Minister for Housing & Urban Affairs

    Shri Hardeep Singh Puri, Hon'ble Minister of Petroleum & Natural Gas and Union Minister for Housing & Urban Affairs

    In our first episode, listen to our Honourable Union Minister for Housing & Urban Affairs and Petroleum & Natural Gas and Union Minister for Housing & Urban Affairs, Shri Hardeep Singh Puri talk about India Energy Week, a momentous gathering of 30,000+ energy professionals from 100+ countries, which was held in Bengaluru from 6th - 8th February 2023.

    Transcript:

    BPCL podcast, unlocking possibilities, empowering lives.

    Melbin: Hello and welcome to the BPCL podcast ‘Unlocking Possibilities, Empowering Lives’. My name is Melbin and in this series of podcasts, you can listen to conversations with thought leaders from the industry, on the future of the energy landscape. Joining us on this episode is the Honourable Union Minister for Housing & Urban Affairs and Petroleum & Natural Gas, Shri Hardeep Singh Puri, who spoke with us during the India Energy Week, which was held in Bangalore from 6th to 8th February 2023. Welcome to the first episode of the BPCL PODCAST Sir!

    Shri Hardeep Singh Puri: Thank you very much.

    Melbin: Really looking forward to speaking to you and my first question to you Sir, What are the key takeaways from India Energy Week 2023?

    Shri Hardeep Singh Puri:  The key takeaway, I think, is that you have a platform where India's rapidly growing demand for energy, where India's four-pronged strategy, increasing ENP, acquiring assets, accelerating transition through biofuels,  green hydrogen, all that is being discussed. And the very fact that you are doing a podcast on this issue thinks that it is going from government policy and permeating into the consciousness of people. So that's a very big take. And it's not a one-time conversation. We are going to do it on a continuous basis, year on year, so it’ll become an institutional event. 

    Melbin: Right. Also Sir, the government is actually adopting multiple pathways to achieve its, bold commitment to, you know, becoming net zero by 2070. So what do you think is India’s roadmap with regard towards energy transition?

    Shri Hardeep Singh Puri: We have a four-pronged strategy and India's roadmap because India will succeed. Other countries in the world, especially in the global south, can follow. 

    Melbin:  This really must be quite an amazing feeling Sir, to see that the world is now looking upto India to play a pivotal role in global energy markets. How do you see this phenomenal event that is the India Energy Week panned out?

    Shri Hardeep Singh Puri : There's a lot of interest. There are representatives of 50 countries who are here. There are 35 ministerial-level representatives. The CEOs of all the major global companies or their equivalents or number twos are here. All the Indian CEOs are here. Anybody who is associated as a stakeholder with the energy sector is here. So why is this so? One, I think because there is widespread acknowledgment that India is where demand and growth is very evident, and in the coming two decades you'll find that India will be the place where the exponential growth will take place. Somebody mentioned to me, that between 2020 and 2040, India will account for 25%, at least, of the growth in international demand for energy. Now, if it was only a question of demand and imports, that would be a different story. India has demonstrated it has opened up 1 million square kilometers out of the 3.5 million square kilometers of sedimentary basin for exploration and production. It's not only just opened up, it has set up a national data repository and the data available is available to anyone. We are not telling people you come and invest and then we will take over, you come and invest,you come and explore. We will incentivize your investment. So, ENP is growing, demand ENP, the transition to Green Energy. The Honorable Prime Minister, this is Energy Week three major initiatives he took, solar cooktop, E 20 Fuel, a rally, which is of not just E 20 cars, many of the vehicles which were there were E 85 vehicles, flexi fuels. So India is a place where it's happening. So I’ll share something with you. When we were planning this event, some people turned around and asked me, you know, when you go to some of these events in the Gulf, there's a lot of buzz and excitement. What will happen to India? I said, welcome to India. You know, we have a capacity. If you are expecting a thousand, you'll get 5,000 people. So I think that is what you are witnessing here just now.

    Melbin: Indeed sir, I am really proud. I’m sure all Indians are very proud. India really is the place and it's quite happening these days, as our Hon’ble Prime Minister Shri Narendra Modi said that India's Energy Plan aims to ensure energy justice. Can you elaborate on energy Justice?

    Shri Hardeep Singh Puri : Energy justice is very important because there was a session on what do you mean by energy security? Now, I took the liberty of telling them that if you were having a discussion on energy security one or two years ago, in the midst of all the global uncertainty, it would mean one thing. But if you were having the discussion five years ago, it would've meant something else. But you know, energy security, if global markets are in turmoil, means you must have availability, you must have security, stability. And that even if you're able to access energy, it has to be at prices in which developing countries, in particular, can supply energy to their, you know, consumers. I've been asked this question many times, so I don't even mind. I don't wanna wait for you to ask it. I owe a moral duty to my consumer. You land in Bangalore and you see, look at the number of cars and energy. That is the energy. So you have no option but to provide for them. And therefore it requires a serious discussion. Instead of people putting the blame on X or a group of producers, something, we must be able to realize that we are all stakeholders in this together. And if the system doesn't survive, all of us in varying degrees are going to suffer.

    Melbin: Sir, this brings me to my final question, India Energy Week 2023 comes at a time of India’s G20 presidency, so how do you see India leading from the front, especially with regard to this?

    Shri Hardeep Singh Puri : G20 presidency, India assumed a very short while ago, and we'll have it throughout the year. There will be many G20 events I have been to, but this I think is the first large-scale G20 event as part of on energy. I mean there are energy workshops, etc and I think what India can bring on the table, and I've said this many times, look, the G20 as a group was born in a moment of crisis. G20 was born when the world's financial and economic system was in distress. You know, I'm talking about 2007 & 8 and the world, the real estate markets starting with the prime sector lending in the US. They started, and some toxicity came. It spread. This is the first real crisis after that, after 2007 & 8. And India by virtue of the fact that it's a large developing country, it is doing a lot on energy transition. I mean, I'll give you a small example, the solar cooktop, which the Prime Minister introduced. I personally think it has major global replicability, at least in the global south. I personally think even in western industrial democracies, people might want to use something which has solar. If you have enough sunshine, you would want to use a solar cooktop. So there are many things that India can be part of that.

    Melbin: Well, it really is all about process isn’t it Sir? Thank you so much for giving us the perspective on India Energy Week, and India’s role of leading from the front, in the energy transition and security efforts while laying out strategies it has planned to manage energy demands during our nation’s G20 presidency. It really has been my absolute honour talking to you. Thank you so much, Sir. 

    Shri Hardeep Singh Puri : Thank you very much.

    Melbin: That was Hon’ble Minister for Housing & Urban Affairs and Petroleum & Natural Gas, Shri Hardeep Singh Puri. Do subscribe to BPCL PODCAST - Unlocking Possibilities, Empowering Lives, wherever you are listening to it from, we have more episodes up! Meanwhile do check us out at https://www.bharatpetroleum.in/

    You can also follow us on all major social media platforms as well!

    BPCL podcast, unlocking possibilities, empowering lives.

     

    END.

    Subscribe to this podcast and also follow us here.

    Twitter: https://twitter.com/bpclimited 
    YouTube: https://www.youtube.com/user/bpclbrand
    Facebook: https://www.facebook.com/BharatPetroleumcorporation
    Instagram: https://www.instagram.com/bpclimited/
    LinkedIn: https://www.linkedin.com/company/bpcl
    Koo:  https://www.kooapp.com/profile/BPCLimited
    Website: https://www.bharatpetroleum.in/

    For more details contact:

    Abbas Akhtar - Chief General Manager (Brand & PR) at Bharat Petroleum Corporation Limited
    Saurabh Jain - Chief Manager PR & Brand

    Credits:

    Produced by Spooler
    Managed By Ventures Advertising

    Logo

    © 2024 Podcastworld. All rights reserved

    Stay up to date

    For any inquiries, please email us at hello@podcastworld.io