{"id":355723,"date":"2020-06-05T10:35:39","date_gmt":"2020-06-05T05:05:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=355723"},"modified":"2020-06-05T10:35:39","modified_gmt":"2020-06-05T05:05:39","slug":"covid-19-lockdown-impact-bpcl-to-slash-capex-by-36-for-fy20-21","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/covid-19-lockdown-impact-bpcl-to-slash-capex-by-36-for-fy20-21\/","title":{"rendered":"Covid-19 lockdown impact: BPCL to slash capex by 36% for FY20-21"},"content":{"rendered":"<p>MUMBAI: State-run Bharat Petroleum Corporation Ltd (BPCL) will cut its capital expenditure for this next fiscal by 36% or \u20b94,500 crore.<\/p>\n<p>&#8220;We have categorised our projects into minor and major projects. Any project which has an investment of less than \u20b9150 crore is minor project and put on hold,&#8221; said Vijayagopal N, director finance at BPCL.<\/p>\n<p>He said this was a conscious decision as the board does not want to burden the company in current difficult times with a huge capex impacting borrowing and debt equity ratio.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: State-run Bharat Petroleum Corporation Ltd (BPCL) will cut its capital expenditure for this next fiscal by 36% or \u20b94,500 crore. &#8220;We have categorised our projects into minor and major projects. Any project which has an investment of less than \u20b9150 crore is minor project and put on hold,&#8221; said Vijayagopal N, director finance at BPCL. He said this was a conscious decision as the board does not want to burden the company in current difficult times with a huge capex impacting borrowing and debt equity ratio.<\/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-355723","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\/355723","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=355723"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/355723\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=355723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=355723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=355723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}