BPCL: Government’s stake sale may be delayed
The Hindu
Financial bids are yet to be called
Privatisation of India’s second-largest oil refiner BPCL may have been pushed back to the next financial year as no bidder visited the company’s premises in the last quarter, a senior company official said on Wednesday.
The government is selling its entire 52.98% stake in BPCL for which three expressions of interest, including one from Anil Agarwal-led Vedanta Group, have been received.
Financial bids are yet to be called.
More Related News