{"id":376322,"date":"2020-10-01T11:42:50","date_gmt":"2020-10-01T06:12:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=376322"},"modified":"2020-10-01T12:29:31","modified_gmt":"2020-10-01T06:59:31","slug":"bpcl-bid-deadline-extended-to-november-16","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-bid-deadline-extended-to-november-16\/","title":{"rendered":"BPCL bid deadline extended to November 16"},"content":{"rendered":"<p>The government has extended the deadline to bid for its entire 52.98 per cent stake in BPCL to November 16 and this virtually rules out the chances of the budgeted divestment target of being met this fiscal.<\/p>\n<p>The extension \u2014 fourth so far\u2014 comes amidst reports that Saudi Aramco of Saudi Arabia and Rosneft of Russia may not participate in this bidding round because of falling crude prices and a worsening economic environment for refineries across the world, including India.<\/p>\n<p>Brokerage Emkay in a report has said that refineries in India had seen throughput decline in August because of weak demand and planned maintenance shutdowns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has extended the deadline to bid for its entire 52.98 per cent stake in BPCL to November 16 and this virtually rules out the chances of the budgeted divestment target of being met this fiscal. The extension \u2014 fourth so far\u2014 comes amidst reports that Saudi Aramco of Saudi Arabia and Rosneft of Russia may not participate in this bidding round because of falling crude prices and a worsening economic environment for refineries across the world, including India. Brokerage Emkay in a report has said that refineries in India had seen throughput decline in August because of weak [&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":[130,215,148],"tags":[],"class_list":["post-376322","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/376322","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=376322"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/376322\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=376322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=376322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=376322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}