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BPCL disinvestment: Govt drops offer to sell 53% stake as most bidders express inability to participate

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Centre Scraps Stake Sale In Bpcl On Muted Response

Outlook for refiners sours amid covid even as soaring energy prices force them to sell fuel below cost ....

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BPCL disinvestment: Govt revisits privatisation decision, plans to sell 20-25% instead of full stake

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Govt weighs selling part of BPCL instead of full stake amid low demand: Report

The government officials said even a part sale of BPCL was unlikely to be completed this fiscal year as the process would take over 12 months. ....

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BPCL divestment: Govt may take a fresh look, says official

"We need to go back to the drawing board on BPCL. There are issues in terms of consortium formation, geopolitical situation and energy transition aspects," an official said. ....

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