{"id":302027,"date":"2019-11-21T11:21:26","date_gmt":"2019-11-21T05:51:26","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=302027"},"modified":"2019-11-21T11:21:26","modified_gmt":"2019-11-21T05:51:26","slug":"govt-to-sell-bpcl-in-mega-push-for-privatization","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-to-sell-bpcl-in-mega-push-for-privatization\/","title":{"rendered":"Govt to sell BPCL in mega push for privatization"},"content":{"rendered":"<p>New Delhi:The cabinet committee on economic affairs (CCEA) on Wednesday cleared one of the government\u2019s largest asset-sale exercises involving five companies, including the privatization of Bharat Petroleum Corp. Ltd (BPCL) and Shipping Corp. of India (SCI).<\/p>\n<p>Other companies in which the government will sell stakes include Container Corp, of India Ltd (Concor), THDC India Ltd (THDC) and North Eastern Electric Power Corp. Ltd (Neepco). As part of a consolidation exercise of the state run hydropower firms, the GoI will sell its 74.23% and 100% stake in THDC and Neepco respectively along with management control to state run India\u2019s largest power generation company-NTPC Ltd.<\/p>\n<p>In 2014, a concept paper on the possibility of a merger of all state-owned hydroelectric companies recommended a phased approach, starting with North Eastern Electric Power Corp Ltd (Neepco) to be combined with NHPC Ltd, followed by THDC India Ltd and SJVN Ltd.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi:The cabinet committee on economic affairs (CCEA) on Wednesday cleared one of the government\u2019s largest asset-sale exercises involving five companies, including the privatization of Bharat Petroleum Corp. Ltd (BPCL) and Shipping Corp. of India (SCI). Other companies in which the government will sell stakes include Container Corp, of India Ltd (Concor), THDC India Ltd (THDC) and North Eastern Electric Power Corp. Ltd (Neepco). As part of a consolidation exercise of the state run hydropower firms, the GoI will sell its 74.23% and 100% stake in THDC and Neepco respectively along with management control to state run India\u2019s largest power [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-302027","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/302027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=302027"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/302027\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=302027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=302027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=302027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}