{"id":368059,"date":"2020-08-17T11:26:58","date_gmt":"2020-08-17T05:56:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=368059"},"modified":"2020-08-17T11:26:58","modified_gmt":"2020-08-17T05:56:58","slug":"bpcl-privatisation-expected-to-be-completed-by-march","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-privatisation-expected-to-be-completed-by-march\/","title":{"rendered":"BPCL privatisation expected to be completed by March"},"content":{"rendered":"<p>PSU oil marketing major BPCL expects privatisation to take place by March 2021, Reuters reported, citing a company executive. The executive said that FY21 capex target has been reduced to \u20b98000 crore from \u20b912500 crore earlier.<\/p>\n<p>The executive said that sales in August so far is now 90% of year ago level so far August. BPCL plans to add more than 1000 fuel stations in FY21.<\/p>\n<p>Privatisation-bound Bharat Petroleum Corp Ltd (BPCL) on Thursday reported nearly doubling of net profit in the June quarter after inventory gains offset a decline in refining margins and fuel sales.<\/p>\n<p>Standalone net profit in April-June stood at \u20b92,076.17 crore compared with \u20b91,075.12 crore a year back, the company said in a regulatory filing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PSU oil marketing major BPCL expects privatisation to take place by March 2021, Reuters reported, citing a company executive. The executive said that FY21 capex target has been reduced to \u20b98000 crore from \u20b912500 crore earlier. The executive said that sales in August so far is now 90% of year ago level so far August. BPCL plans to add more than 1000 fuel stations in FY21. Privatisation-bound Bharat Petroleum Corp Ltd (BPCL) on Thursday reported nearly doubling of net profit in the June quarter after inventory gains offset a decline in refining margins and fuel sales. Standalone net profit in [&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-368059","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\/368059","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=368059"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/368059\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=368059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=368059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=368059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}