{"id":417238,"date":"2021-05-28T09:48:13","date_gmt":"2021-05-28T04:18:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=417238"},"modified":"2021-05-28T10:40:38","modified_gmt":"2021-05-28T05:10:38","slug":"no-intention-of-selling-a-stake-in-igl-or-petronet-lng-bpcl","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/no-intention-of-selling-a-stake-in-igl-or-petronet-lng-bpcl\/","title":{"rendered":"No intention of selling a stake in IGL or Petronet LNG: BPCL"},"content":{"rendered":"<p>MUMBAI : State-run Bharat Petroleum Corporation Ltd (BPCL), which is bound for privatization, has no intention to sell its stakes in either Indraprastha Gas (IGL) or Petronet LNG Ltd (PLL), a company official said on Thursday.<\/p>\n<p>BPCL holds a 12.5% share in liquefied natural gas importer PLL, and a 22.5% stake in Delhi-based city gas distributor IGL. BPCL is a co-promoter of both companies, and holds board positions in them. <\/p>\n<p>&#8220;We have no intention to pare our stake in either IGL or PLL. There would be a need for an open offer in line with Securities and Exchange Board of India regulations. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI : State-run Bharat Petroleum Corporation Ltd (BPCL), which is bound for privatization, has no intention to sell its stakes in either Indraprastha Gas (IGL) or Petronet LNG Ltd (PLL), a company official said on Thursday. BPCL holds a 12.5% share in liquefied natural gas importer PLL, and a 22.5% stake in Delhi-based city gas distributor IGL. BPCL is a co-promoter of both companies, and holds board positions in them. &#8220;We have no intention to pare our stake in either IGL or PLL. There would be a need for an open offer in line with Securities and Exchange Board of [&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":[139,130,187],"tags":[],"class_list":["post-417238","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\/417238","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=417238"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417238\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=417238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=417238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=417238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}