Privatisation will unlock tremendous value for BPCL: CMD K Padmakar
As the government seems to be racing against time to conclude the privatisation of state-run oil-refiner-and-marketer BPCL in the current fiscal itself, its chairman and managing director K Padmakar said on Monday that the imminent transaction “will unlock tremendous value for the company and increase professionalism, efficiency, technology and product diversification”.
He told the company’s AGM said that, “there has been substantial (positive) changes about the perception on privatisation in the minds of the employees since the first announcement on divestments was made by the government last year”.
