Government likely to extend deadline for BPCL bidding for third time

A major roadblock before international investors is the shutdown of flights

The government is likely to extend the deadline for bidding for the privatisation of Bharat Petroleum Corporation (BPCL) for the third time in a row, from the current date of July 31.
 

According to sources, the extension of the timelines for expression of interest (EoI) may well be until international airline services are back in place, as a lot of prospective bidders have expressed concerns regarding the current situation.
 

An empowered group of secretaries, headed by Cabinet Secretary Rajiv Gauba, is set to take up the issue in a meeting on Thursday. The other members of the committee include Niti