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Union Cabinet approves 100% FDI in PSU refiners to aid BPCL sale
Current FDI policy restricts FDI in oil PSUs to 49%; most bidders who have shown interest in acquiring BPCL have foreign investment
Babulwadi to house world's largest oil refinery
It'll be set up at 2 locations in Ratnagiri with main complex having area of 14k acres in Babulwadi