{"id":417251,"date":"2021-05-28T11:07:49","date_gmt":"2021-05-28T05:37:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=417251"},"modified":"2021-05-28T11:07:49","modified_gmt":"2021-05-28T05:37:49","slug":"bpcl-plan-rs-12000-crore-capex-for-fy22-defers-new-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-plan-rs-12000-crore-capex-for-fy22-defers-new-projects\/","title":{"rendered":"BPCL plan Rs 12,000 crore capex for FY22, defers new projects"},"content":{"rendered":"<p>State run-oil marketing company Bharat Petroleum Corporation Ltd (BPCL NSE 1.25 %) plans to invest Rs 12,000 crore in capital expenditure in 2021-22 on ongoing projects but has put other planned projects on the backburner due to concerns over fuel demand, a top executive from the company told reporters.<\/p>\n<p>The company invested Rs 11,000 crore on capex in 2020-21. BPCL management also said that it has no plans to sell its stakes in Indraprastha Gas NSE 0.00 % (IGL) or Petronet LNG NSE 0.23 %, both listed entities, even as the state-run oil marketing major goes for privatisation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State run-oil marketing company Bharat Petroleum Corporation Ltd (BPCL NSE 1.25 %) plans to invest Rs 12,000 crore in capital expenditure in 2021-22 on ongoing projects but has put other planned projects on the backburner due to concerns over fuel demand, a top executive from the company told reporters. The company invested Rs 11,000 crore on capex in 2020-21. BPCL management also said that it has no plans to sell its stakes in Indraprastha Gas NSE 0.00 % (IGL) or Petronet LNG NSE 0.23 %, both listed entities, even as the state-run oil marketing major goes for privatisation.<\/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":[130,191,136],"tags":[],"class_list":["post-417251","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417251","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=417251"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417251\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=417251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=417251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=417251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}