BPCL disinvestment: Next significant capex after new investor steps in

BPCL is in the process of buying land from Hindustan Organic Chemicals to set up the planned facilities

Amritha Pillay | Mumbai
Last Updated at February 18, 2020 23:08 IST

As the central government looks to exit Bharat Petroleum Corporation (BPCL), a new investor will step in time for the company’s next significant capital expenditure (capex). Executives though add the timing is incidental and not planned.

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