The government has dropped the plans for disinvestment of Bharat Petroleum Corporation Limited (BPCL). BPCL can now focus on its long-term objectives without the immediate concern of privatization.
The government had planned to divest its entire 52.98 percent stake in BPCL, aiming to generate an estimated ₹45,000 crore in FY22. Expressions of Interest (EoI) or initial bids were invited in March 2020, with the…
Read More…
Source: https://chemindigest.com/bpcl-to-focus-on-long-term-goals/