{"id":388686,"date":"2020-12-09T09:29:38","date_gmt":"2020-12-09T03:59:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=388686"},"modified":"2020-12-09T11:46:48","modified_gmt":"2020-12-09T06:16:48","slug":"post-stake-sale-bpcls-lpg-business-to-be-in-sbu-new-owner-to-take-call-after-3-years","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/post-stake-sale-bpcls-lpg-business-to-be-in-sbu-new-owner-to-take-call-after-3-years\/","title":{"rendered":"Post-stake sale, BPCL&#8217;s LPG business to be in SBU, new owner to take call after 3 years"},"content":{"rendered":"<p>Privatisation-bound Bharat Petroleum Corporation Ltd&#8217;s (BPCL) new owner will after three years of takeover get a right to decide on retaining the business of selling subsidised LPG, which in the intervening period will be transferred into a new unit to continue the flow of government subsidy, a top official said.<\/p>\n<p>Government subsidy will continue to be given to BPCL customers if the new owner chooses to retain the business after three years, the official said.<\/p>\n<p>The firm&#8217;s cooking gas LPG customers will be transferred to other state-owned firms, Indian Oil Corporation (IOC) and Hindustan Petroleum Corporation Ltd (HPCL), in case the new owner does not want to continue with such a business, the official added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Privatisation-bound Bharat Petroleum Corporation Ltd&#8217;s (BPCL) new owner will after three years of takeover get a right to decide on retaining the business of selling subsidised LPG, which in the intervening period will be transferred into a new unit to continue the flow of government subsidy, a top official said. Government subsidy will continue to be given to BPCL customers if the new owner chooses to retain the business after three years, the official said. The firm&#8217;s cooking gas LPG customers will be transferred to other state-owned firms, Indian Oil Corporation (IOC) and Hindustan Petroleum Corporation Ltd (HPCL), in case [&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":[146,130,177],"tags":[],"class_list":["post-388686","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388686","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=388686"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388686\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=388686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=388686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=388686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}