Several EoIs received for BPCL sale, says Centre
The government said on Monday that several local and foreign investors have expressed interest in buying its 52.98% stake in fuel retailer Bharat Petroleum Corp. Ltd (BPCL).
Reliance Industries Ltd and Saudi Arabian state oil group Aramco, which were considered the front-runners, were, however, not among those that had submitted interests.
India had extended the deadline for preliminary expression of interest (EoI) four times this year and closed this on Monday.
