Will Bpcl Be Sold?
Mumbai: State-Run Bharat Petroleum Corp. the Government, Which Holds a 52.98% Stake in Bpcl, Is in the Process of Divesting Its Holdings, as Part of Its Plan...
MUMBAI : State-run Bharat Petroleum Corp. The government, which holds a 52.98% stake in BPCL, is in the process of divesting its holdings, as part of its plan to raise a record ₹1.75 trillion from disinvestment proceeds in FY22. ...
Who is buying BPCL?
The government is selling its entire 52.98 per cent stake in BPCL in the nation's biggest privatisation till date. Vedanta Group and private equity firms Apollo Global and I Squared Capital's Indian unit Think Gas have put in an expression of interest for buying the government's stake.
Is Govt planning to sell BPCL?
India has allowed bidders access to the financial data of Bharat Petroleum Corp. as the government moves ahead with plans to sell its entire stake in the country's second-biggest state refiner, according to people familiar with the matter.
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