New Delhi: The government on Friday allowed submission of preliminary bids for acquisition of BPCL NSE -1.05 % electronically through e-mail in view of the restrictions placed due to the COVID-19 pandemic. “The IPs (interested parties), if they so desire, may submit the complete EoI (expression of interest) in electronic form via e-mail with all the requisite documents in pdf format by the EoI due date,” the Department of Investment and Public Asset Management (DIPAM) said in a notice on its website.
In September, the government had extended the deadline for bidding for privatisation of India’s second-biggest oil refiner Bharat Petroleum Corp Ltd (BPCL) by one-and-a-half month to November 16.