{"id":407133,"date":"2021-03-26T09:09:18","date_gmt":"2021-03-26T03:39:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=407133"},"modified":"2021-03-26T09:46:56","modified_gmt":"2021-03-26T04:16:56","slug":"bpcl-disinvestment-process-moving-on-well-to-conclude-sale-by-september-end-dipam-secy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-disinvestment-process-moving-on-well-to-conclude-sale-by-september-end-dipam-secy\/","title":{"rendered":"BPCL disinvestment process moving on well, to conclude sale by September-end: DIPAM Secy"},"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":[146,130,177],"tags":[],"class_list":["post-407133","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\/407133","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=407133"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/407133\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=407133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=407133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=407133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}