IOC, BPCL, HPCL in talks to raise ₹5,500 crore by securitising licence fee
New Delhi: Indian Oil, Bharat Petroleum and Hindustan Petroleum are discussing plans to raise ₹5,500 crore by securitising the licence fee they get from their petrol pump dealers as part of the government’s push for asset monetisation by state companies, according to multiple people familiar with the matter.
