{"id":387459,"date":"2020-12-03T08:35:07","date_gmt":"2020-12-03T03:05:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=387459"},"modified":"2020-12-03T09:27:01","modified_gmt":"2020-12-03T03:57:01","slug":"3-bids-for-indias-second-biggest-fuel-retailer-bpcl-oil-minister-pradhan","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/3-bids-for-indias-second-biggest-fuel-retailer-bpcl-oil-minister-pradhan\/","title":{"rendered":"3 bids for India&#8217;s second-biggest fuel retailer BPCL: Oil minister Pradhan"},"content":{"rendered":"<p>The government has received three preliminary bids for buying of controlling stake in India&#8217;s second-largest fuel retailer Bharat Petroleum Corporation Ltd (BPCL), Oil Minister Dharmendra Pradhan said on Wednesday. <\/p>\n<p>Mining-to-oil conglomerate Vedanta had on November 18 confirmed putting in an expression of interest (EoI) for buying the government&#8217;s 52.98 per cent stake in BPCL. The other two bidders are said to be global funds, one of them being Apollo Global Management. <\/p>\n<p>&#8220;Lot of interest is there,&#8221; Pradhan said at a webinar series on &#8216;The Road To Atmanirbhar Bharat&#8217; organised by Swarajya Magazine. &#8220;DIPAM has recently informed market&#8230; I think three parties have given EoI for the bidding process.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has received three preliminary bids for buying of controlling stake in India&#8217;s second-largest fuel retailer Bharat Petroleum Corporation Ltd (BPCL), Oil Minister Dharmendra Pradhan said on Wednesday. Mining-to-oil conglomerate Vedanta had on November 18 confirmed putting in an expression of interest (EoI) for buying the government&#8217;s 52.98 per cent stake in BPCL. The other two bidders are said to be global funds, one of them being Apollo Global Management. &#8220;Lot of interest is there,&#8221; Pradhan said at a webinar series on &#8216;The Road To Atmanirbhar Bharat&#8217; organised by Swarajya Magazine. &#8220;DIPAM has recently informed market&#8230; I think three [&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":[135,130,169],"tags":[],"class_list":["post-387459","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/387459","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=387459"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/387459\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=387459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=387459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=387459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}