{"id":387593,"date":"2020-12-03T12:27:10","date_gmt":"2020-12-03T06:57:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=387593"},"modified":"2020-12-03T13:17:08","modified_gmt":"2020-12-03T07:47:08","slug":"bpcl-privatisation-3-bids-for-bharat-petroleum-says-oil-minister-dharmendra-pradhan","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-privatisation-3-bids-for-bharat-petroleum-says-oil-minister-dharmendra-pradhan\/","title":{"rendered":"BPCL privatisation: 3 bids for Bharat Petroleum, says Oil Minister Dharmendra Pradhan"},"content":{"rendered":"<p>The government has received three preliminary bids for buying of controlling stake in India\u2019s 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\u2019s 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>\u201cLot of interest is there,\u201d Pradhan said at a webinar series on \u2018The Road To Atmanirbhar Bharat\u2019 organised by Swarajya Magazine. \u201cDIPAM has recently informed market\u2026 I think three parties have given EoI for the bidding process.\u201d He did not give details.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has received three preliminary bids for buying of controlling stake in India\u2019s 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\u2019s 52.98 per cent stake in BPCL. The other two bidders are said to be global funds, one of them being Apollo Global Management. \u201cLot of interest is there,\u201d Pradhan said at a webinar series on \u2018The Road To Atmanirbhar Bharat\u2019 organised by Swarajya Magazine. \u201cDIPAM has recently informed market\u2026 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":[130,195,138],"tags":[],"class_list":["post-387593","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/387593","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=387593"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/387593\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=387593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=387593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=387593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}