{"id":388699,"date":"2020-12-09T10:26:40","date_gmt":"2020-12-09T04:56:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=388699"},"modified":"2020-12-09T10:44:51","modified_gmt":"2020-12-09T05:14:51","slug":"post-stake-sale-bpcls-lpg-biz-to-transferred-to-new-strategic-business-unit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/post-stake-sale-bpcls-lpg-biz-to-transferred-to-new-strategic-business-unit\/","title":{"rendered":"Post-stake sale, BPCL&#8217;s LPG biz to transferred to new strategic business unit"},"content":{"rendered":"<p>NEW DELHI : 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>NEW DELHI : 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 [&hellip;]<\/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-388699","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\/388699","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=388699"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388699\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=388699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=388699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=388699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}