BPCL to buyout Oman Oil stake in Bina refinery for Rs 2,400 cr
NEW DELHI: Privatisation-bound Bharat Petroleum Corporation Ltd NSE 0.05 % (BPCL) on Wednesday said it will buyout Oman Oil Company’s shares in the Bina refinery project for about Rs 2,400 crore.
BPCL holds a 63.68 per cent stake in Bharat Oman Refineries Ltd (BORL), which built and operates a 7.8 million tonne oil refinery at Bina in Madhya Pradesh.
