India expects participation of global oil majors in BPCL bidding: Oil minister Dharmendra Pradhan
New Delhi: India expects some international oil majors to participate in the Bharat Petroleum divestment process during the price bid stage, Oil Minister Dharmendra Pradhan has said.
Homegrown Vedanta and two international funds have shown initial interest in buying the government’s entire majority stake in BPCL NSE 0.47 %. The government will call price bids after evaluating the three players’ suitability on technical grounds.
