Govt expects to complete Air India, BPCL sale in Q1 FY22
Wed, Feb 10 2021 15:03 IST |
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Govt expects to complete Air India, BPCL sale in Q1 FY22. Image Source: IANS News
New Delhi, Feb 10 : With a renewed push to its disinvestment policy, the Centre expects to complete the much-delayed privatisation of Air India and Bharat Petroleum Corporation Ltd (BPCL) in the first quarter of the upcoming financial year (2021-22).
The government has received Expressions of Interest (EoIs) from interested parties for both the national carrier and the energy major, but it is yet to announce the selected bidders for the two state-run companies.
Petrol and diesel prices on Wednesday scaled new highs in the country as rates were hiked for the second day in a row. Petrol price was hiked by 30 paise per litre and diesel by 25 paise a litre, acco
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BPCL holds a 63.68 per cent stake in Bharat Oman Refineries Ltd (BORL), which built and operates a 7.8 million tonne oil refinery at Bina in Madhya Pradesh.