{"id":407106,"date":"2021-03-26T08:44:13","date_gmt":"2021-03-26T03:14:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=407106"},"modified":"2021-03-26T09:26:35","modified_gmt":"2021-03-26T03:56:35","slug":"bpcl-disinvestment-process-moving-on-well-to-conclude-by-sep-end-dipam","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-disinvestment-process-moving-on-well-to-conclude-by-sep-end-dipam\/","title":{"rendered":"BPCL disinvestment process moving on well, to conclude by Sep-end: DIPAM"},"content":{"rendered":"<p>Disinvestment process of oil marketing firm BPCL is moving on well and expected to conclude by September-end, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said on Thursday.<\/p>\n<p>The government is selling its entire 52.98 per cent stake in BPCL in the nation&#8217;s biggest privatisation till date.<\/p>\n<p>Vedanta Group and private equity firms Apollo Global and I Squared Capital&#8217;s Indian unit Think Gas have put in an expression of interest for buying the government&#8217;s stake.<\/p>\n<p>Speaking at Times Network India Economic Conclave, Pandey said, &#8220;It (BPCL disinvestment) is moving on well and we hope to conclude in H1 (of 2021-22).&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Disinvestment process of oil marketing firm BPCL is moving on well and expected to conclude by September-end, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said on Thursday. The government is selling its entire 52.98 per cent stake in BPCL in the nation&#8217;s biggest privatisation till date. Vedanta Group and private equity firms Apollo Global and I Squared Capital&#8217;s Indian unit Think Gas have put in an expression of interest for buying the government&#8217;s stake. Speaking at Times Network India Economic Conclave, Pandey said, &#8220;It (BPCL disinvestment) is moving on well and we hope to conclude [&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":[135,130,169],"tags":[],"class_list":["post-407106","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\/407106","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=407106"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/407106\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=407106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=407106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=407106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}