KOCHI: Prime Minister Narendra modi on Sunday inaugurated a number of projects, including the Rs 6000 crore Derived Propylene Derived Petrochemical Project in BPCL Kochi refinery. The propylene derivatives petrochemical complex project will help generate 5,00,000 metric tons per year (MTPA) of propylene. Propylene is one of the main raw …
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New Delhi: The government has received three preliminary offers to buy a majority stake in India’s second-largest fuel retailer, Bharat Petroleum Corporation Ltd (BPCL), Oil Minister Dharmendra Pradhan said on Wednesday. Oil mining conglomerate Vedanta confirmed on November 18 that it had submitted an expression of interest (EoI) to buy …
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Shares of Bharat Petroleum fell almost 5 percent to 392.35 rupees each on the BSE. Shares of BPCL or Bharat Petroleum Corporation Limited fell nearly 5 percent on Tuesday, a day after the government said it received multiple offers for the privatization of the country’s second-largest fuel retailer. Shares of …
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The government had first launched a tender for the mega privatization of BPCL in March of this year. The initial tender for the privatization of the state-owned Bharat Petroleum Corporation Limited (BPCL) will end today. The government has been trying to divest its entire 52.98 percent stake in BPCL, the …
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