Targeting to conclude BPCL strategic sale by June: DIPAM Secretary Tuhin Kanta Pandey

NEW DELHI: The government is targeting to conclude the strategic sale of BPCL in the June quarter, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said on Thursday.

“I think we are targeting the first quarter (of 2021-22 fiscal). The engagement is intense now, it is at the due diligence stage. Our process is of value maximisation, and we have to take all precautions to see the value is maximised,” Pandey said at an event organised by Aditya Birla Sun Life Mutual Fund.

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