Awaiting EoI to decide on BPCL bid: IOC chairman Sanjiv Singh

State-run Indian Oil Corporation (IOC) is waiting for the government to issue the expression of interest (EoI) document for sale of the Centre’s stake in Bharat Petroleum Corporation (BPCL) to decide if it will bid.

IOC chairman Sanjiv Singh said the country’s largest refiner would await more details on the sale and whether PSUs would be allowed to take part in the auctions.

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