{"id":417426,"date":"2021-05-29T09:29:29","date_gmt":"2021-05-29T03:59:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=417426"},"modified":"2021-05-29T10:10:40","modified_gmt":"2021-05-29T04:40:40","slug":"bpcl-privatization-likely-to-be-completed-by-march-2022","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-privatization-likely-to-be-completed-by-march-2022\/","title":{"rendered":"BPCL privatization likely to be completed by March 2022"},"content":{"rendered":"<p>MUMBAI : State-run Bharat Petroleum Corp. Ltd (BPCL) is looking to complete its privatization process this financial year, if all goes well and covid-19 pandemic does not push the process back, said a top company official.<\/p>\n<p>The government, which holds a 52.98% stake in BPCL, is in the process of divesting its holdings, as part of its plan to raise a record \u20b91.75 trillion from disinvestment proceeds in FY22. <\/p>\n<p>On 10 April, the government had given access to BPCL\u2019s data to prospective bidders.<\/p>\n<p>So far, mining-to-oil conglomerate Vedanta and private equity firms Apollo Global and I Squared Capital\u2019s arm Think Gas are in the race to buy the government\u2019s stake in BPCL.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI : State-run Bharat Petroleum Corp. Ltd (BPCL) is looking to complete its privatization process this financial year, if all goes well and covid-19 pandemic does not push the process back, said a top company official. The government, which holds a 52.98% stake in BPCL, is in the process of divesting its holdings, as part of its plan to raise a record \u20b91.75 trillion from disinvestment proceeds in FY22. On 10 April, the government had given access to BPCL\u2019s data to prospective bidders. So far, mining-to-oil conglomerate Vedanta and private equity firms Apollo Global and I Squared Capital\u2019s arm Think [&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-417426","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\/417426","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=417426"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417426\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=417426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=417426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=417426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}