{"id":396708,"date":"2021-01-22T08:36:40","date_gmt":"2021-01-22T03:06:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=396708"},"modified":"2021-01-22T09:13:12","modified_gmt":"2021-01-22T03:43:12","slug":"govt-expects-global-oil-majors-will-join-race-for-6-5-bn-bpcl-sale","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-expects-global-oil-majors-will-join-race-for-6-5-bn-bpcl-sale\/","title":{"rendered":"Govt expects global oil majors will join race for $6.5-bn BPCL sale"},"content":{"rendered":"<p>India expects global oil majors to team up with investment funds that are already in the race for the nation\u2019s biggest asset sale &#8212; state-owned refiner Bharat Petroleum Corp. <\/p>\n<p>\u201cWhen the price bidding comes up, I am hopeful some of the major players will come through this fund route,\u201d Oil Minister Dharmendra Pradhan said in an interview with Bloomberg Television on Thursday. Billionaire Anil Agarwal\u2019s Vedanta group has confirmed it submitted an initial bid for Bharat Petroleum, while newspaper reports have said two U.S. funds &#8212; Apollo Global and I Squared Capital &#8212; have also shown interest.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India expects global oil majors to team up with investment funds that are already in the race for the nation\u2019s biggest asset sale &#8212; state-owned refiner Bharat Petroleum Corp. \u201cWhen the price bidding comes up, I am hopeful some of the major players will come through this fund route,\u201d Oil Minister Dharmendra Pradhan said in an interview with Bloomberg Television on Thursday. Billionaire Anil Agarwal\u2019s Vedanta group has confirmed it submitted an initial bid for Bharat Petroleum, while newspaper reports have said two U.S. funds &#8212; Apollo Global and I Squared Capital &#8212; have also shown interest.<\/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-396708","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\/396708","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=396708"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/396708\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=396708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=396708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=396708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}