Govt weighs selling part of BPCL instead of entire stake: Report - Business Standard


5/17/2022 12:00:00 AM2 years 11 months ago
by Reuters

New Delhi is considering inviting bids for a 20%-25% stake in BPCL, instead of an outright sale of its entire 52.98% holding, say two government officials who declined to be named

India is considering selling up to a quarter of state-run refiner Bharat Petroleum Corp Ltd after failing to attract suitors for the whole firm, two officials said, as the government's divestment pro… [+3648 chars]

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