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BPCL plan Rs 12,000 crore capex for FY22, defers new projects SECTIONS Share Synopsis The company invested Rs 11,000 crore on capex in 2020-21. BPCL management also said that it has no plans to sell its stakes in Indraprastha Gas (IGL) or Petronet LNG, both listed entities, even as the state-run oil marketing major goes for privatisation. ET Bureau BPCL) plans to invest Rs 12,000 crore in capital expenditure in 2021-22 on ongoing projects but has put other planned projects on the backburner due to concerns over fuel demand, a top executive from the company told reporters. The company invested...

'Clean Data Room' with sensitive info on BPCL to open for bidders signing additional pact SECTIONS Last Updated: May 23, 2021, 11:18 AM IST Share Synopsis A virtual data room, mostly containing financial information on BPCL, was opened in the second week of April and qualified bidders signing Confidentiality Undertaking (CU) have been given access, three sources with direct knowledge of the matter said. PTI Bidders vying to buy government stake in Bharat Petroleum Corporation Ltd (BPCL) will be given access to a 'Clean Data Room' containing commercially sensitive information on the firm subj...