Three entities submit Eol’s for  BPCL stake

Oil minister Dharmendra Pradhan on Wednesday said the government has received three preliminary bids in the privatization process of state-owned Bharat Petroleum Corp. Ltd (BPCL). Speaking at a webinar organized by Swarajya magazine, he said there was a lot of interest. I think three parties have given their expression of interest for the bidding process, Pradhan said. As I have earlier said, the government is committed to offload its share from some of the state-owned companies. That way, more professionalism, more competition will come and we are committed and keen on that aspect.

Courtesyg: Google (photo)

Journalist,Translator,avid bibliophile

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top