{"id":302590,"date":"2019-11-25T10:24:33","date_gmt":"2019-11-25T04:54:33","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=302590"},"modified":"2019-11-25T10:44:02","modified_gmt":"2019-11-25T05:14:02","slug":"govt-sets-50-day-deadline-for-valuer-to-carry-out-valuation-of-bpcl","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-sets-50-day-deadline-for-valuer-to-carry-out-valuation-of-bpcl\/","title":{"rendered":"Govt sets 50-day deadline for valuer to carry out valuation of BPCL"},"content":{"rendered":"<p>In part indication of timelines for privatisation of India&#8217;s second biggest state oil refiner, the government has set a 50-day deadline for an outside &#8216;asset valuer&#8217; to carry out the valuation of all assets of Bharat Petroleum Corp Ltd (BPCL), a process once completed will trigger invitation of price bids from potential acquirers. <\/p>\n<p>The Cabinet Committee on Economic Affairs (CCEA) had on November 20 given a go-ahead for sale of government&#8217;s entire stake in BPCL, Shipping Corporation of India Ltd (SCI), power generator THDC India Ltd (THDCIL) and North Eastern Electric Power Corp Ltd (NEEPCO) to a strategic investor along with management control. It had also approved sale of 30.8 per cent out of its 54.8 per cent interest in Container Corp of India Ltd (Concor).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In part indication of timelines for privatisation of India&#8217;s second biggest state oil refiner, the government has set a 50-day deadline for an outside &#8216;asset valuer&#8217; to carry out the valuation of all assets of Bharat Petroleum Corp Ltd (BPCL), a process once completed will trigger invitation of price bids from potential acquirers. The Cabinet Committee on Economic Affairs (CCEA) had on November 20 given a go-ahead for sale of government&#8217;s entire stake in BPCL, Shipping Corporation of India Ltd (SCI), power generator THDC India Ltd (THDCIL) and North Eastern Electric Power Corp Ltd (NEEPCO) to a strategic investor along [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-302590","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/302590","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=302590"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/302590\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=302590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=302590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=302590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}