{"id":384379,"date":"2020-11-17T10:35:08","date_gmt":"2020-11-17T05:05:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=384379"},"modified":"2020-11-17T10:35:08","modified_gmt":"2020-11-17T05:05:08","slug":"bpcl-privatisation-gets-multiple-bids-reliance-skips-no-supermajor-in-race","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-privatisation-gets-multiple-bids-reliance-skips-no-supermajor-in-race\/","title":{"rendered":"BPCL privatisation gets multiple bids; Reliance skips, no supermajor in race"},"content":{"rendered":"<p>New Delhi: The government on Monday received &#8216;multiple&#8217; bids for buying out its stake in India&#8217;s second-biggest fuel retailer BPCL but billionaire Mukesh Ambani&#8217;s Reliance Industries as well as supermajors Saudi Aramco, BP and Total did not make a bid.<\/p>\n<p>Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM), which is handling the strategic sale, tweeted that the transaction advisors for the sale of government&#8217;s 52.98 per cent stake in Bharat Petroleum Corp Ltd (BPCL) have reported receiving &#8220;multiple expressions of interest.&#8221;<\/p>\n<p>&#8220;The transaction will move to the second stage after scrutiny by TA,&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: The government on Monday received &#8216;multiple&#8217; bids for buying out its stake in India&#8217;s second-biggest fuel retailer BPCL but billionaire Mukesh Ambani&#8217;s Reliance Industries as well as supermajors Saudi Aramco, BP and Total did not make a bid. Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM), which is handling the strategic sale, tweeted that the transaction advisors for the sale of government&#8217;s 52.98 per cent stake in Bharat Petroleum Corp Ltd (BPCL) have reported receiving &#8220;multiple expressions of interest.&#8221; &#8220;The transaction will move to the second stage after scrutiny by TA,&#8221; he said.<\/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-384379","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\/384379","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=384379"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384379\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=384379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=384379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=384379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}