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India To Rexamine BPCL Divestment After Planned Expansion – Report

India’s authorities could have one other take a look at plans for the divestment of Bharat Petroleum Corp Ltd (BPCL) after the state-run refiner completes the deliberate growth of some mission.

India’s authorities could have one other take a look at plans for the divestment of Bharat Petroleum Corp Ltd (BPCL) after the state-run refiner completes the deliberate growth of some initiatives, a supply instructed reporters on Wednesday.

The authorities put the privatisation of BPCL on maintain because it solely received a single bid, the supply, who didn’t wish to be named, mentioned.

On Tuesday, Reuters reported the federal government is contemplating promoting as much as 1 / 4 of BPCL after failing to draw suitors for the entire agency.

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