Govt extents bids deadline for a stake in BPCL to September 30

Govt extents bids deadline for a stake in BPCL to September 30

Cabinet had approved the sale of govt’s entire 52.98% stake in BPCL in Nov 2019

The initial deadline for EOI submission was May 2, 2020

PSUs are not eligible to partake in the bidding process

Any private company with a net worth of $10 Bn is eligible to participate

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