BPCL unveils Rs 49,000 crore capacity expansion plan
Public sector oil major BPCL on Wednesday announced Rs 49,000 crore capex plan with the core component of the expansion project being the ethylene cracker project.
BPCL privatisation
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BPCL divestment to be profitable just like Air India’s privatisation: Petroleum Minister Hardeep Singh Puri
The Indian government had ambitious strategies to auction its entire 53% stake in BPCL to private players in 2021-22, but holdups have moved this mark to 2022-23.
BPCL privatisation hits a roadblock as bidders struggle to find partners: Report
The reluctance of the companies to invest in the fuel retailer stems largely from the newly adopted sustainability rules and the global action of energy transition in light of the increasing risk posed by climate change.