India’s Bharat Petroleum To Raise $2.2 Billion For Green Energy Expansion

India’s State-owned oil company Bharat Petroleum has approved raising up to 180 billion rupees ($2.19 billion) through an issue of equity shares as part of the government’s push into green energy. The Indian government plans to inject billions of dollars into Bharat Petroleum and its state-owned peers, Indian Oil Corp. and Hindustan Petroleum Corp. Ltd. to help fund their energy transition projects. The three refiners plan to invest 3.5 trillion rupees to 4 trillion rupees to achieve their net-zero emissions…