{"id":389618,"date":"2020-12-15T11:41:35","date_gmt":"2020-12-15T06:11:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=389618"},"modified":"2020-12-15T11:41:35","modified_gmt":"2020-12-15T06:11:35","slug":"bpcl-bid-evaluation-meet-on-tuesday-vedanta-apollo-global-i-squared-capital-arm-in-race-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-bid-evaluation-meet-on-tuesday-vedanta-apollo-global-i-squared-capital-arm-in-race-2\/","title":{"rendered":"BPCL bid evaluation meet on Tuesday; Vedanta, Apollo Global, I Squared Capital arm in race"},"content":{"rendered":"<p>NEW DELHI: A high-powered committee will on Tuesday evaluate preliminary bids received from mining-to-oil conglomerate Vedanta and private equity firms Apollo Global and I Squared Capital&#8221;s arm Think Gas for buying the government&#8217;s 52.98 per cent stake in BPCL, sources said.<\/p>\n<p>Last week, an inter-ministerial meet was held to discuss the BPCL valuation process and setting of the reserve price.<\/p>\n<p>On Tuesday, the panel will see transaction advisor Deloitte&#8217;s report on the scrutiny of the three bids that were received at the close of bidding last month, sources in know of the development said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: A high-powered committee will on Tuesday evaluate preliminary bids received from mining-to-oil conglomerate Vedanta and private equity firms Apollo Global and I Squared Capital&#8221;s arm Think Gas for buying the government&#8217;s 52.98 per cent stake in BPCL, sources said. Last week, an inter-ministerial meet was held to discuss the BPCL valuation process and setting of the reserve price. On Tuesday, the panel will see transaction advisor Deloitte&#8217;s report on the scrutiny of the three bids that were received at the close of bidding last month, sources in know of the development said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,207,143],"tags":[],"class_list":["post-389618","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/389618","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=389618"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/389618\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=389618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=389618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=389618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}