{"id":445388,"date":"2021-10-26T11:02:49","date_gmt":"2021-10-26T05:32:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=445388"},"modified":"2021-10-26T12:05:40","modified_gmt":"2021-10-26T06:35:40","slug":"rising-crude-prices-shift-to-clean-energy-pose-hurdles-to-bpcl-sale","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rising-crude-prices-shift-to-clean-energy-pose-hurdles-to-bpcl-sale\/","title":{"rendered":"Rising crude prices, shift to clean energy pose hurdles to BPCL sale"},"content":{"rendered":"<p>The bid to cross the finishing line on the sale of BPCL by March is facing the twin hurdles of a global crude price spike and the growing shift away from fossil fuels to clean energy. The rapid-fire final rounds of the Air India strategic sale had encouraged the Modi government to wrap up the BPCL exercise quickly. <\/p>\n<p>Analysts said the government\u2019s nudges to state-owned refiners on the pricing of petrol and diesel could dissuade bidders unless they get a categorical assurance from the Centre to allow the full play of market forces. <\/p>\n<p>State-owned refiners continue to price petrol and diesel keeping in mind political considerations as they do not increase product prices during the poll period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The bid to cross the finishing line on the sale of BPCL by March is facing the twin hurdles of a global crude price spike and the growing shift away from fossil fuels to clean energy. The rapid-fire final rounds of the Air India strategic sale had encouraged the Modi government to wrap up the BPCL exercise quickly. Analysts said the government\u2019s nudges to state-owned refiners on the pricing of petrol and diesel could dissuade bidders unless they get a categorical assurance from the Centre to allow the full play of market forces. State-owned refiners continue to price petrol and [&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":[130,215,148],"tags":[],"class_list":["post-445388","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/445388","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=445388"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/445388\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=445388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=445388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=445388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}