India to decide on re-initiating BPCL privatisation in ‘due course’, reports say

The Centre on Monday told Parliament that it will decide on re-initiating the process of Bharat Petroleum Corporation Ltd (BPCL NSE 0.72 %) strategic sale based on a review of the situation in due course.

Minister of state for finance Bhagwat Kishanrao Karad said the pandemic, energy transition issues and geo-political conditions affected several industries globally, particularly the oil and gas industry.

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