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Bharat Petroleum plans to spend Rs 1.08 lakh cr in capex over 5 years

Bharat Petroleum has lined up capital expenditure of Rs 1.08 trillion for the next five years.

The company is going to spend the money on capacity expansion of refineries as well as marketing and upstream activities, says its chairman and managing director D Rajkumar.

The chairman has said that the company is going to focus primarily on going global for further expansion of the business specially in upstream activities.

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