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Cabinet likely to take up Bharat Petroleum stake sale issue by October-end

Cabinet note in this regard was floated for inter-ministerial consultation

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BPCL | Bharat Petroleum Corporation

Shine Jacob 

Bharat Petroleum, BPCL

The Union Cabinet is likely to take up the stake sale of (BPCL) by the end of this month. The government is expected to sell its entire 53.29 per cent in within this financial year. The government is expecting interest from various global and private sector partners, including Adani-Total, Reliance-BP, and Saudi Aramco, to aggressively participate in the bidding.

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First Published: Mon, October 14 2019. 22:15 IST
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