The government is selling its entire 52.98 per cent stake in BPCL for which three expressions of interest (EoIs), including one from billionaire Anil Agarwal-led Vedanta Group, have been received.
The privatisation of Bharat Petroleum Corporation Ltd (BPCL) is now likely to take place in the next fiscal as the sale process has not been completed within the decided timeline, say finance ministry sources.
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