{"id":384527,"date":"2020-11-17T11:34:33","date_gmt":"2020-11-17T06:04:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=384527"},"modified":"2020-11-17T12:44:08","modified_gmt":"2020-11-17T07:14:08","slug":"bpcl-strategic-sale-multiple-bids-received-on-last-day","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-strategic-sale-multiple-bids-received-on-last-day\/","title":{"rendered":"BPCL strategic sale: \u2018Multiple\u2019 bids received on last day"},"content":{"rendered":"<p>The government has received multiple expressions of interest (EoIs) for the strategic sale of Bharat Petroleum Corporation Ltd (BPCL), the Finance Ministry said on Monday \u2014 the last day for submission of offers by potential bidders for the government\u2019s 52.98 per cent stake in the country\u2019s second-largest fuel retailer.<\/p>\n<p>The office of Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM), tweeted that \u201cmultiple expressions of interest have been received by the Transaction Advisor\u201d for the strategic disinvestment of BPCL, adding that the transaction would move to the next stage after scrutiny by the transaction advisor.<\/p>\n<p>Deloitte Touche Tohmatsu India LLP has been appointed the transaction advisor. DIPAM did not however specify which companies had submitted the EOIs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has received multiple expressions of interest (EoIs) for the strategic sale of Bharat Petroleum Corporation Ltd (BPCL), the Finance Ministry said on Monday \u2014 the last day for submission of offers by potential bidders for the government\u2019s 52.98 per cent stake in the country\u2019s second-largest fuel retailer. The office of Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM), tweeted that \u201cmultiple expressions of interest have been received by the Transaction Advisor\u201d for the strategic disinvestment of BPCL, adding that the transaction would move to the next stage after scrutiny by the transaction advisor. Deloitte [&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],"tags":[],"class_list":["post-384527","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384527","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=384527"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384527\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=384527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=384527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=384527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}