scorecardresearchGovernment considers selling part of BPCL instead of entire stake: Report

Government considers selling part of BPCL instead of entire stake: Report

Updated: 18 May 2022, 02:40 PM IST
TL;DR.
New Delhi is considering inviting bids for a 20%–25% stake in BPCL, instead of an outright sale of its entire 52.98% holding.
Initially, the government planned to raise $8–10 billion by selling its entire stake in BPCL.

Initially, the government planned to raise $8–10 billion by selling its entire stake in BPCL.